A discrete random variable W assumes the values 1,2,3, and 4 with probabilities k,2k,m, and m+0.10 respectively.
It is also known that the probability of obtaining an even value is 0.55.
Answer the following questions.
a. (i) Using the given information, form two independent equations in k and m.
b. (ii) Solve the equations and determine the values of k and m.
c. (iii) Verify that each probability obtained in part (ii) lies between 0 and 1, thereby confirming that the assignments constitute a valid probability distribution.
d. (iv) Find P(W≤3) using the values of k and m.