Step by step
The question
Question: x can be −2, 0, 2, 4, with probabilities 0.2, 0.3, 0.3, 0.2: find the mean.
1 Check the table
The table lists each value of x and its probability, P of x.
A probability table must add up to 1.
0.2 plus 0.3 plus 0.3 plus 0.2 is 1.
Good.
2 Multiply x × P(x)
The mean of a random variable: each x times its probability, all added up.
−2 times 0.2 is −0.4.
0 times 0.3 is 0.
2 times 0.3 is 0.6.
4 times 0.2 is 0.8.
3 Add the column
−0.4 plus 0 plus 0.6 plus 0.8 is 1.
The mean, μ, is 1.
Careful!
Each x counts as much as its probability.
4 Check
Let's check with 10 tries.
Each x comes up about 10 times its probability: −2, 2 times; 0, 3 times; 2, 3 times; 4, 2 times.
All the x's of the 10 tries add up to 10.
10 divided by 10 is 1: the mean.
So it is right!
Let's look back.
First: check the table.
Then: multiply x × P(x).
Then: add the column.
Last: check.