A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN: 9780134753119
Author: Sheldon Ross
Publisher: PEARSON
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### Problem 4

Suppose that \( X \) is a random variable taking just two possible values \(\{a, b\}\), where \( P(X = a) = 1 - p \) and \( P(X = b) = p \).

#### (a) Compute \( E(X) \).

#### (b) Compute \( \text{Var}(X) \).
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Transcribed Image Text:### Problem 4 Suppose that \( X \) is a random variable taking just two possible values \(\{a, b\}\), where \( P(X = a) = 1 - p \) and \( P(X = b) = p \). #### (a) Compute \( E(X) \). #### (b) Compute \( \text{Var}(X) \).
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