1.

(3 points, total) A discrete random variable has five possible outcomes with cumulative probabilities as shown in the foll

Outcome Probability (PDF) Cumulative Probability (CDF) PLACE ANSWERS IN THE GREEN CEL
-2 0.05 0.05 This applies to entire quiz.
-1 0.1 0.15
0 0.45 0.6
1 0.15 0.75
2 0.25 1

(a) (1 point) Fill in the missing values in the column labeled Probability.

(Please fill in table above.)

(b) (1 point) What is the probability of this random variable obtaining an outcome that is a negative number?

0.15 P(X<0) = P(X<= -1) = P(X= -1) + P(X= -2)

Or you can take CFD value at x = -1, i.e. cell C6.

(c) (1 point) What is the expected value of this random variable?

example 5 18
0.45 You must show work to receive credit. Work could be as simple as coding your answer as in the b
For example, if the question asked you to add up the values of cells G25, H25 and I25, you could w
cell and the correct answer of 46 would appear, but then I'd also be able to see the formula/equati
click into the answer cell and see "=sum(G25, H25, I25)" and that would be sufficient for your work
ilities as shown in the following table:

SWERS IN THE GREEN CELLS.

es to entire quiz.

ve number?

23
ng your answer as in the box to the left as an Excel formula
, H25 and I25, you could write =sum(G25, H25, I25) in the answer
e to see the formula/equation that used, i.e. I'd be able to
be sufficient for your work.
2. (3 points, total) Your basketball team travels every Saturday during the winter, and you are wondering how snow might
Historically, on any given day in the winter, there is a 7% chance that snow would impact travel on tha

Let X be the random variable that counts the number of trips that are impacted by snow.

(a) (1/2 point) What is the expected value of X, i.e. what is the number of days during which you would expect snow to imp

X is binomially distributed with parameters n = 4 and p = .07

0.28

(b) (1/2 point) What is the standard deviation of X?

0.510294

(c) (2 points) What is the probability that snow will impact travel on at least half of your next four trips? (Your answer cell s

0.026728 P(X>=2) = 1-P(X<= 1)

wondering how snow might impact your next four trips.
w would impact travel on that day.

pacted by snow.

ou would expect snow to impact travel?

our trips? (Your answer cell should involve an Excel formula that 'shows work' of where answer comes from.)