Professional Documents
Culture Documents
random variable.
Find the mean, variance, and expected
value for a discrete random variable.
Solve problems involving binomial
distribution, poisson distribution and
hypergeometric distribution
Recall:
A variable is defined as a characteristic
or attribute that can assume different
values.
1 2/4
2 1/4
Example: Construct a probability
distribution for the number of heads in
tossing two coins.
OUTCOME PROBABILITY
X P(X)
0 1/4
1 2/4
2 1/4
Example: Construct a probability
distribution for rolling a single die.
Example: Represent graphically the
probability distribution for the number of
heads in tossing three coins.
Mean for Discrete Variable
Mean for Discrete Variable –
Example
In a family with two children, find the
mean number of children who will be girls.
The probability distribution is given below.
XX 00 11 22
P(X)
P(X) 1/4
1/4 1/2
1/2 1/4
1/4
Mean for Discrete Variable –
Example
Solution:
X 0 1 2 3 4
P (X ) 0 .1 8 0 .3 4 0 .2 3 0 .2 1 0 .0 4
Solution:
= (0)(0.18) + (1)(0.34) + (2)(0.23) + (3)(0.21) +
(4)(0.04) = 1.59.
2
X P(X) = (02)(0.18) + (12)(0.34) + (22)(0.23) +
(32)(0.21) + (42)(0.04) = 3.79
Variance:
2 = 3.79 – 1.592 = 1.26
Standard deviation:
= 1.12
Expectation:
The expected value of a discrete
random variable of a probability
distribution is the theoretical average
of the variable. The formula is
= E ( X ) = X P( X )
The symbol E ( X ) is used for the
expected value.
Expectation - Example
A ski resort loses $70,000 per season when it does
not snow very much and makes $250,000 when it
snows a lot. The probability of it snowing very much
(i.e., a good season) is 40%. Find the expected profit.
Ans. $58,000.
Example
A lottery has one $2000 prize, two $1000 prizes, and
ten $500 prizes. Two thousand tickets are sold at $5
each. Find the expectation if a person buys one ticket.
Ans. -0.5