Supplementary 2

MEAN, VARIANCE, AND STANDARD DEVIATION OF A DISCRETE PROBABILITY DISTRIBUTION

Name : Section:

Test – I. Directions: Complete the table below, then find the mean, variance, and the standard deviation
of the following probability distribution. Write your answers on the space provided.

1. What is mean of the probability distribution? ___________________

2. What is variance of the probability distribution? ________________
3. What is the standard deviation of the probability distribution? ______________

Test – II. Directions: Solve the following problems. Write your final answer inside the box.

1. An investment will be worth PHP 1,000, PHP 2,000, or PHP 5,000 at the end of the year. The
probabilities of these values are 0.25, 0.60 and 0.15, respectively. Find the mean, variance, and the
standard deviation of the worth of the investment.
 Supplementary 2
MEAN, VARIANCE, AND STANDARD DEVIATION OF A DISCRETE PROBABILITY DISTRIBUTION

Name : Section:

Test – I. Directions: Complete the table below, then find the mean, variance, and the standard deviation
of the following probability distribution. Write your answers on the space provided.

1. What is mean of the probability distribution? ___________________

2. What is variance of the probability distribution? ________________
3. What is the standard deviation of the probability distribution? ______________

Test – II. Test – II. Directions: Solve the following problems. Write your final answer inside the box.

Jonathan sells new cars. Jonathan usually sells the largest number of cars on Wednesdays. He has
developed the following probability distribution for the number of cars he expects to sell on a particular
Wednesday. Find the mean, variance, and standard deviation of the probability distribution.