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Thread: some probability questions

  1. #1
    Actuary.com - Level I Poster
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    some probability questions

    posted in other forum
    Last edited by sebastianzx6r; November 1st 2005 at 08:01 AM.

  2. #2
    Actuary.com - Level VI Poster Ken's Avatar
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    Not sure about finding pmf, but for mean and variance, wouldn't you just find the first and second moments?

    E[X] = .6(1) + .3(5) + .1(10)
    E[X^2] = .6(1^2)+.3(5^2) + .1(10^2)
    Var(X) = E[X^2]-E[X]^2

    For your second question, I think
    E[X+a] = E[X]+a
    Var(X) = Var(X+a)

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