00:01
For this question, we are given the probability distribution table here.
00:05
What do we have to find? we need to find the mean value.
00:08
Let's start with the mean value, which is also the expected value.
00:15
So the expected value and the mean is the same, which has the formula of the probability of x times the, i mean, x times the probability of x.
00:23
So the mean, which is equal to, which is denoted by x bar, by the way.
00:31
So this is the sum of, let me just write, this is negative 42 and multiply by 0 .36 and plus negative 27 times 0 .31 and plus negative 15 times.
00:46
This is 0 .24 and plus negative 6 times.
00:51
This is 0 .09.
00:53
Let's get the value here.
00:55
This is negative 42 times, which is 0 .36 and plus.
01:00
This is negative 27 times and 0 .31 and plus negative 15 times.
01:10
This is 0 .24 and plus.
01:16
Let me get this one here.
01:18
This is negative 27.
01:20
So this is plus negative 15 times, which is 0 .24 and plus.
01:21
Let me get this one here.
01:21
This is negative 27.
01:21
So this is plus negative 15 times, which is 0 .207.
01:26
And plus.
01:27
This is negative 6 and times .09.
01:32
So the value would be negative 207 .63...