60% members of a committee favour a certain proposal and 40% members oppose the proposal. A member is selected and let the random variable X = 0 if he opposes and X = 1 if he is in favour. Then the variance of the random variable X is
60% members of a committee favour a certain proposal and 40% members oppose the proposal. A member is selected and let the random variable X = 0 if he opposes and X = 1 if he is in favour. Then the variance of the random variable X is
Solution
✅ Correct Option: 3
Given that 60% of committee members favor the proposal and 40% oppose it. A member is selected with random variable if favoring and if opposing.
The probabilities are:
The expected value is:
The expected value of is:
The variance is:
Therefore, the variance of the random variable is .
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