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Part B:
To show that the information constitutes a probability distribution we will need to
find the probability associated with each of the random variables. Once the
probability associated with each random variable is in the range 0 P(X=x) 1, and
the summation of the probabilities is equal to 1 then the information in the question
constitutes a random variable.
To find the probability associated with each random variable you need to use the
( x 3) 2
following formula: P(X = x) = .
30
Part C:
The mean of a discrete random variable (a.k.a. the expected value of a discrete
random variable) can be found using the following formula:
E ( X ) xi P( xi )
So the mean value of X in this question can be found by doing the following:
E(X) = (-1 0.5333) + (0 0.30) + (1 0.1333) + (2 0.0333) = -0.5333 + 0
+ 0.1333 + 0.06667 = -0.3333