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Introductory Message
Welcome to Statistics and Probability for Senior High School!
The Statistics and Probability for Senior High School will help you
facilitate the teaching-learning activities specified in each Most Essential Learning
Competency (MELC) with minimal or no face-to-face encounter between you and
learner. This will be made available to the learners with the references/links to
ease the independent learning.
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Quarter 3, Week 3
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Solution:
Let the random variable X be the number of times a student will ask for
additional allowance after receiving his weekly allowance
0 3 0 0
50
1 15 15 15
50 50 50
2 24 48 96
50 50 50
3 6 18 54
50 50 50
4 2 8 32
50 50 50
15 48 18 8 89
𝜇 = ∑ 𝑋 ∙ 𝑃(𝑋)= 0 + 50 + 50+ 50+ 50= 50= 1.78
The expected value or mean of the number of times a student will ask for
additional allowance after receiving his weekly allowance is 1.78. The number
1.78 is the long-term average or expected value if the student receives his
allowance week after week after week.
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Solution:
a. Illustrate the problem in a probability distribution table
If the ticket holder will win the first prize, his net gain is ₱5,000.00 less
₱20.00 (amount spend for buying a ticket) or ₱4,980.00. The probability that
1
he will win the prize is 1 out of one thousand tickets or1000. If the ticket holder
will win the second prize, his net gain is ₱3,000.00 less ₱20.00 (amount
spend for buying a ticket) or ₱2,980.00. The probability that he will win the
1
prize is also 1 out of one thousand tickets or1000. If the ticket holder will win
the third prize, his net gain is ₱1,000.00 less ₱20.00 (amount spend for
buying a ticket) or ₱980.00. The probability that he will win the prize is also 1
1
out of one thousand tickets or1000. However, his chance of losing is higher
than his chance of winning because it is equal to the total probability that is 1
less the probability of winning.
3 997
That is, 1 - = .
1000 1000
Solution:
Probability of winning any prize = probability of winning the first prize +
probability of winning the second prize + probability of winning the third prize
1 1 1 3
Probability of winning any prize = + 1000 + 1000 = 1000
1000
c. Find the expected value of the random variable, then interpret the
result.
Solution:
The expected value is the same as the mean and is equal to the product
of net gain and the probability of winning (in this case you have three chances
of winning, you may win the first, second, or third prize) plus the product of
net loss and the probability of losing.
1 1 1 997
𝜇 = ∑ 𝑋 ∙ 𝑃(𝑋) = 4980(1000) + 2980 (1000) + 980 (1000) − 20 (1000)
𝜇 = 4.98 + 2.98 + 0.98 – 19.94 = - 11
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The expected value or the mean is – 11. The negative value means that
one loses money on the average. In particular, someone who buy tickets, and
although has a chance to win losses ₱11.00 per ticket purchased.
This idea will help us make a wise decision. We should always remember
essentials should be prioritized. If we can afford to buy tickets without
sacrificing our essential needs, it is okay to take a chance sometimes.
Solution:
Let X = the amount of profit.
If your three numbers match in order, you will win the game and will get
₱4500. That means your profit is ₱4490 (₱4500 less ₱10.00). If your three
numbers do not match the order, you will lose the game and lose your ₱10.00.
That means your profit is –₱10.00. Therefore, X takes on the values ₱4490
and –₱10.
To win, you must get all three numbers correct, in order. The probability of
1
choosing the correct first number is 10 because there are 10 numbers (from
zero to nine) and only one of them is correct. The probability of choosing the
1
correct second number is also 10 because the selection is done with
replacement and there are still 10 numbers (from zero to nine) for you to
choose. Due to the same reason, the probability of choosing the correct third
1
number is also . The selection of one number does not affect the selection
10
of another number. That means the three selections are independent. The
probability of choosing all three correct numbers and their order is equal to
the product of the probabilities of choosing each number correctly.
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Therefore, the probability of winning is 0.001 and the probability of losing
is 1 − 0.001 = 0.999.
X P(X) X ∙P(X)
4490 0.001 4.49
-10 0.999 -9.99
You would, on the average, expect to lose ₱5.50 for each game you play.
However, each time you play, you either lose ₱10 or profit ₱4490. The ₱5.50
is the average or expected loss per game after playing this game over and
over.
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a. Complete the table below showing the probability distribution of X.
x -7
P(x)
b. Find the expected value if you play a bet and interpret the result.
𝜇=_______________
Interpretation:__________________________________________________
______________________________________________________________
______________________________________________________________
__________.
Exercise 3. Multiple Choice. Choose the letter of the best answer. Write the
chosen letter on a separate sheet of paper.
Five hundred tickets are sold for ₱5.00 each. A ticket will win
₱1,000.00. Let X denote the net gain from the purchase of a randomly
selected ticket.
3. What is the probability that you will win a prize if you buy a ticket?
1 1 1 1
a. 5 b. 1000 c. 500 d. 995
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Key to Solution