- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 3. Probability Concepts
- Subject 6. Expected Value (Mean), Variance, and Conditional Measures of Expected Value and Variance
CFA Practice Question
For the probability distribution shown below, the mean and standard deviation has been computed. The expected value of random variable x is ______.
B. 3.03
C. 5.8
A. 0.15
B. 3.03
C. 5.8
Correct Answer: C
The expected value of random variable x is the same as the mean. In this case, the mean is 5.8 so the expected value is 5.8.
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