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What is the mean of a discrete random variable?
Solution:
We will use the concept of probability and random variables to find the mean of discrete random variables.
The mean of a discrete random variable X is defined as the weighted mean of every possible value that the random variable can take.
The mean of a discrete random variable weights each random variable as xi in accordance with its probability pi. The symbol for the mean of a discrete random variable is ux.
Thus, the mean is given as the sum of the product of xi and pi values as shown below:
Σ xipi = x1p1 + x2p2 + x3p3..........xnpn
where, Σ denotes the summation
Thus,
ux = x1p1 + x2p2 + x3p3..........xnpn
Hence, the mean of a discrete random variable is equal to ux = x1p1 + x2p2 + x3p3..........xnpn = Σ xipi
What is the mean of a discrete random variable?
Summary:
The mean of a discrete random variable is given by ux = x1p1 + x2p2 + x3p3..........xnpn = Σ xipi
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