Question

The random variable X can take only the values 0, 1, 2. Given that P (X = 0) = P (X = 1) = p and that E(X2) = E[X], find the value of p. Select the correct answer from above options

Answer 1

Given, X = 0, 1, 2 and P(X = 0) = P (X = 1) = p Let P(X) at X = 2 is x ⇒ p + p + x = 1 ⇒ x = 1 – 2p Now, we have the following distribution: So, E(X) = 0.p + 1.p + 2(1 – 2p) = p + 2 – 4p = 2 – 3p And, E(X2) = 0.p + 1.p + 4(1 – 2p) = p + 4 – 8p = 4 – 7p Also, given E(X) = E(X2) 2 – 3p = 4 – 7p 4p = 2 p = ½ Therefore, the required value of p is ½.