Two random variables, X and Y, have standard deviations 2.4 and 3.6, respectively. Which one is more likely to take a value close to its mean? Explain your answer.

Marcelo Maxwell

Marcelo Maxwell

Answered question

2022-09-20

Two random variables, X and Y, have standard deviations 2.4 and 3.6, respectively. Which one is more likely to take a value close to its mean? Explain your answer.

Answer & Explanation

lufi8c

lufi8c

Beginner2022-09-21Added 11 answers

X, because this random variable has the smallest standard deviation.
Result:
X

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