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How to find standard deviation of a random variable Practice Test
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Q1
Robert's work schedule for next week will be released today. Robert will work either 45, 40, 25, or 12 hours. The probabilities for each possibility are listed below:
45 hours: 0.3
40 hours: 0.2
25 hours: 0.4
12 hours: 0.1
What is the standard deviation of the possible outcomes?
Robert's work schedule for next week will be released today. Robert will work either 45, 40, 25, or 12 hours. The probabilities for each possibility are listed below:
45 hours: 0.3
40 hours: 0.2
25 hours: 0.4
12 hours: 0.1
What is the standard deviation of the possible outcomes?