The number of tickets purchased by an individual for Beckham College’s holiday music festival is a uniformly distributed random variable ranging from 2 to 10. Find the mean and standard deviation of this random variable. (Round your answers to 2 decimal places.)

Answers

Answer 1

Answer:

The mean of the distribution is 4.00 and the standard deviation is 2.31

Explanation:

Given

Range = 2 to 10

Type of distribution = uniform distribution

Required

1. Mean

2. Standard Deviation

The mean of uniform distribution is calculated as thus;

[tex]Mean = \frac{1}{2}(a + b)[/tex]

Where b and a are the intervals of the distribution

b = upper bound = 10

a = lower bound = 2

So,

[tex]Mean = \frac{1}{2}(a + b)[/tex]

Substitute 10 for b and 2 for a

[tex]Mean = \frac{1}{2}(2 + 10)[/tex]

[tex]Mean = \frac{1}{2}(12)[/tex]

[tex]Mean = \frac{1}{2} * 12[/tex]

[tex]Mean = 6[/tex]

[tex]Mean = 6.00[/tex] (Approximated to 2 decimal places)

The standard deviation of uniform distribution is calculated as thus;

σ = √σ²

Where σ represents the standard deviation and σ² represents the variance.

Calculate variance

σ² = Var

[tex]Var = \frac{(b-a)^2}{12}[/tex]

Substitute 10 for b and 2 for a

[tex]Var = \frac{(10 - 2)^2}{12}[/tex]

[tex]Var = \frac{8^2}{12}[/tex]

[tex]Var = \frac{64}{12}[/tex]

[tex]Var = 5.33[/tex]

Recall that

σ = √σ² = √Var

Substitute 5.33 for Var

σ = √5.33

σ = 2.309401076758503

σ = 2.31 (Approximated)

Hence, the mean of the distribution is 4.00 and the standard deviation is 2.31


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