Expected Value, Variance & Standard Deviation | CFA Level 1
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Expected Value, Variance & Standard Deviation | CFA Level 1
Learn how to calculate expected value, variance, and standard deviation of random variables using probability-weighted outcomes.
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A discrete random variable X has the following probability distribution: X 1 2 3 4 5 6 7 P(X) C 2C 2C 3C C2 2C2 7C2 C Find the value of C. Also find the mean of the distribution. - Mathematics | Shaalaa.com
A discrete random variable X has the following probability distribution: X 1 2 3 4 5 6 7 P(X) C 2C 2C 3C C2 2C2 7C2 C Find the value of C. Also find the mean of the distribution. - Mathematics | Shaalaa.com
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