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Mean and Standard Deviation of a Discrete Variable

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The table below shows the probability distribution for the number of miles of highway constructed per day, which varies with the weather.

Weather Condition Miles of Highway Probability
Clear 5 0.6
Rain 2 0.3
Snow 1 0.1

Consider the following statements.

I. The expected number of miles constructed in a day is 5∗0.6+2∗0.3+1∗0.1=3.75*0.6 + 2*0.3 + 1*0.1 = 3.7 miles.

II. The variance of the daily highway mileage is 52∗0.6+22∗0.3+12∗0.1−(3.7)2≈2.615^2*0.6 + 2^2*0.3 + 1^2*0.1 - (3.7)^2 \approx 2.61, so the standard deviation is approximately 1.621.62 miles.

III. An observation of 10 miles of highway constructed in one day would be considered a typical result.

Which of the above statements is/are true?

A

I, II, and III

B

I and II only

C

I only

D

II and III only

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