1) The probability distribution of a random variable X is given below The variance of X is A) 1.6 B) 0.24 C) 0.84 D) 0.75 Answer: Option CExplanation:We have, Variance σ2= ∑PiX2i−(∑PiXi)2 =3.4−(1.6)2=3.4−2.56=0.84