Two chips are drawn at random without replacement from a box that contains five chips numbered 1 thr


Question: Two chips are drawn at random without replacement from a box that contains five chips numbered 1 through 5. If the sum of chips drawn is even, the random variable X equals 5; if the sum of chips drawn is odd, X = -3.

(a) Find the moment generating function for X.

(b) Find the expected value and variance of X using moment generating function.

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Solution: The answer consists of 2 pages
Deliverables: Word Document

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