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LO: To calculate the theoretical mean of a discrete random variable. LO: To calculate the theoretical mean of a discrete random variable.

LO: To calculate the theoretical mean of a discrete random variable. - PowerPoint Presentation

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LO: To calculate the theoretical mean of a discrete random variable. - PPT Presentation

Expected value for discrete data 2 July 2020 The theoretical mean μ of a discrete random variable X is the average value that we should expect for X over many trial of the experiment ID: 934109

variable random probability parameters random variable parameters probability distribution heads discrete find fair maximum expected formula var game coins

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Slide1

LO: To calculate the theoretical mean of a discrete random variable.

Expected value for discrete data

2 July 2020

Slide2

The

theoretical mean

, μ, of a discrete random variable

X

is the average value that we should expect for X over many trial of the experiment.

μ

is also called the expectation (or expected value) of a random variable X, written E(X).

 

Parameters

 

We can find the

mean

, μ, or expected value of a discrete random variable X by just multiplying each possible value of x by its probability, and then adding these products together:

Slide3

The

variance

, s2

, of a discrete random variable

X is given by

Parameters

The mode of a probability distribution function is the value of x for which the probability distribution function has a maximum.

 

or

 

 

Is called the

standard deviation

of

X

If there is no

maximum value, then the PDF has no mode. A PDF with more than one maximum is multi-modal

Slide4

x

–2

–1

0

1

P(

X

= x

)

0.2

0.2

0.2

0.4

E

(

X

) = (–2

× 0.2) + (–1 × 0.2) + (0 × 0.2) + (1 × 0.4)

 

Parameters

 

Example 4

:

The probability distribution of a random variable

X

is:

Using the formula

E

(

X

) =

–0.2

What is the mean of

X

?

Slide5

x

–2

–1

0

1

P(

X

= x

)

0.2

0.2

0.2

0.4

E

(

X

2

) = ((–2)

2

× 0.2) + ((–1)

2

× 0.2) + (0

2

× 0.2) + (1

2

× 0.4)

Parameters

Example 4

:

The probability distribution of a random variable

X

is:

Using the formula

Var(

X) = 1.4

What is the variance of X ?

 

E

(

X

2

) =

1.4

Var

(

X

) = 1.36

– (

–0.2)

2

Slide6

x

–2

–1

0

1

P(

X

= x

)

0.2

0.2

0.2

0.4

Parameters

Example 4

:

The probability distribution of a random variable

X

is:

Using the formula

s

= 1.

17

What is the standard deviation of

X

?

Var

(

X

) = 1.36

 

 

Slide7

P

(

A =

9

) = P(HHH) =

Parameters

Example 5

: Tom tosses three fair coins. He wins $9 if he gets three heads, $5 if he gets two heads and $2 if he gets one head. If he doesn’t get any heads he pays $30. Is the game fair? We make a list of the 8 equally likely possible outcomesHHHHHTHTH

HTTTHHTHTTTH

TTT

Let A be the amount gained or lost

A can take four values: 9, 5, 2, -30

a

-30259P(A = a)

 

 

P

(

A =

2

) = P(

HTT,THT, TTH

) =

 

 

P

(

A =

5

) = P(

HHT,HTH, THH

) =

  P(A = -30) = P(TTT) =   

Slide8

So the game is fair

Parameters

Example 5

:

Tom tosses three fair coins. He wins $9 if he gets three heads, $5 if he gets two heads and $2 if he gets one head. If he doesn’t get any heads he pays $30. Is the game fair?

We make a list of the 8 equally likely possible outcomes

HHHHHTHTHHTT

THHTHTTTHTTT

Let A be the amount gained or lost

A can take four values: 9, 5, 2, -30

a

-30

259P(A = a)

 

 

-30 ×

 

 

= 0

 

 

E

(

A

) =

 

 

+ 2 ×

+ 5 ×

+ 9 ×

Slide9

x

0

1

2

3

4

P(

X

=

x

)

0.05

a

2

a

b

0.05

If E(

X

) = 1.9, find

a

and

b

.

Find P(0 ≤

X

< 3).

Parameters

Example 6

: A random variable

X

has the following probability distribution:

 

= 1

0.05 +

a

+ 2

a

+

b

+ 0.05 = 1

 3

a

+

b

= 0.9

(1)

E[

X

] = 1.9

(0

×0.05) + (1

a

) + (2×2

a

) + (3

b

) + (4×0.05) = 1.9

 5

a

+ 3

b

= 1.7

(2)

Solving equations

(1)

and

(2

) simultaneously gives:

a

= 0.25,

b

= 0.15

Slide10

Parameters

P(0

X

<

3) = P( X = 0) + P( X = 1) + P( X = 2)

= 0.8

= 0.05 + 0.25 + 0.5

P(0

X

<

3)

x

0

1

2

3

4

P(

X

=

x

)

0.05

a

2

a

b

0.05

If E(

X

) = 1.9, find

a

and

b

.

Find P(0 ≤

X

< 3).

Example 6

: A random variable

X

has the following probability distribution:

Slide11

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