Random Variables and Discrete Probability Distributions
Random Variables and Discrete Probability Distributions
Random Variables and Discrete Probability Distributions
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Expected Value for a<br />
<strong>Discrete</strong> <strong>R<strong>and</strong>om</strong> Variable<br />
• The mean of a discrete r<strong>and</strong>om variable<br />
X, denoted μX, , is determined using the<br />
formula<br />
μX = ∑[x x · P(X = x)].<br />
• That is, to determine μX, , we take the<br />
sum of the product of the values of the<br />
r<strong>and</strong>om variable, x, <strong>and</strong> their<br />
corresponding probabilities, P(X = x).