Math Problem Statement
Given the probability distributions shown to the right, complete the following parts. a. Compute the expected value for each distribution. b. Compute the standard deviation for each distribution. c. What is the probability that x will be at least 3 in Distribution A and Distribution B? d. Compare the results of distributions A and B. Distribution A Distribution B
x Subscript i P(Xequalsx Subscript i) x Subscript i P(Xequalsx Subscript i) 0 0.06 0 0.40 1 0.12 1 0.25 2 0.17 2 0.17 3 0.25 3 0.12 4 0.40 4 0.06 Question content area bottom Part 1 a. What is the expected value for distribution A? muequals enter your response here (Type an integer or decimal rounded to three decimal places as needed.)
Solution
Let's start by calculating the expected value (mean) for Distribution A. The formula for the expected value is:
For Distribution A, the values for and are as follows:
0 | 0.06 |
1 | 0.12 |
2 | 0.17 |
3 | 0.25 |
4 | 0.40 |
Now we calculate the expected value for Distribution A:
Let's compute this:
So, the expected value for Distribution A is:
Now, let's calculate the expected value for Distribution B using the same formula:
0 | 0.40 |
1 | 0.25 |
2 | 0.17 |
3 | 0.12 |
4 | 0.06 |
Let's compute this:
So, the expected value for Distribution B is:
Answers:
- a. Expected value for Distribution A:
- b. Expected value for Distribution B:
Do you want me to proceed with the standard deviation, or do you have any questions so far?
Here are five related questions that expand on this information:
- How is the variance related to the standard deviation in a probability distribution?
- How can expected values be interpreted in real-life contexts?
- What happens to the expected value if all probabilities are equal?
- What is the significance of a higher expected value in a probability distribution?
- How do you compute the expected value for a continuous distribution?
Tip: The expected value is often referred to as the long-run average or mean when considering repeated trials of a probability experiment.
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Math Problem Analysis
Mathematical Concepts
Probability Distributions
Expected Value
Standard Deviation
Formulas
Expected value formula: E(X) = Σ [x_i * P(X = x_i)]
Standard deviation formula: σ = sqrt(Σ [(x_i - μ)^2 * P(X = x_i)])
Probability formula: P(X ≥ x)
Theorems
Law of Large Numbers (related to expected value)
Properties of Discrete Probability Distributions
Suitable Grade Level
Grades 10-12
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