If the random variable X assumes the values 0 and 1 only and is such that P(X = 0) = 3P(X = 1), then the value of E(X) isans.
Question
If the random variable X assumes the values 0 and 1 only and is such that P(X = 0) = 3P(X = 1), then the value of E(X) isans.
Solution
The expected value E(X) of a random variable X is calculated as the sum of all possible values of X multiplied by their respective probabilities.
Given that X can take on the values 0 and 1, and that P(X = 0) = 3P(X = 1), we can first find the probability P(X = 1).
We know that the sum of all probabilities in a probability distribution is 1. Therefore, we have:
P(X = 0) + P(X = 1) = 1 3P(X = 1) + P(X = 1) = 1 4P(X = 1) = 1
Solving for P(X = 1), we get P(X = 1) = 1/4.
Since P(X = 0) = 3P(X = 1), we have P(X = 0) = 3 * 1/4 = 3/4.
Now we can calculate the expected value E(X):
E(X) = 0 * P(X = 0) + 1 * P(X = 1) = 0 * 3/4 + 1 * 1/4 = 0 + 1/4 = 1/4
So, the expected value E(X) is 1/4.
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