Maximizing a Variance

Problem

A random variable XX takes values 0,1,20, 1, 2 with probabilities a,b,ca, b, c respectively. If 4a,b,c4a, b, c form a geometric sequence, find the maximum value of the variance D(X)D(X).

Answer

Solution

Difficulty6/10
TopicsStatistics, Geometric Progression, probability, AM-GM

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