4.130 Some probability distributions. Here is a probability distribution for a random variable X:
Value of X | 2 | 3 | 4 |
Probability | 0.4 | 0.3 | 0.3 |
(a) Find the mean and standard deviation for this distribution.
(b) Construct a different probability distribution with the same possible values, the same mean, and a larger standard deviation. Show your work and report the standard deviation of your new distribution.
(c) Construct a different probability distribution with the same possible values, the same mean, and a smaller standard deviation. Show your work and report the stan- dard deviation of your new distribution.