Number of Horses ​

question 154

Short Answer

Number of Horses ​
The random variable X represents the number of horses per family in a rural area in Iowa,with the probability distribution: p(x)= 0.05x,x = 2,3,4,5,or 6. ​ ​
-{Number of Horses Narrative} Find the variance and standard deviation of X.

---

Definitions:

Necessary Knowledge

The essential information and skills required to perform tasks or understand concepts effectively.

Organization's Goals

The strategic objectives that a company aims to achieve, guiding its direction and business decision-making.

Compensation and Benefits

Compensation and benefits refer to the salary, wages, and additional perks or rewards provided by an employer to its employees in exchange for their services.

Human Resource Management

The strategic approach to the effective management of people in a company or organization to help their businesses gain a competitive advantage.