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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).

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