Math Problem Statement
Solution
To find the expected value of a discrete random variable , we use the formula:
Here, each value of is multiplied by its corresponding probability , and the results are summed up.
From the table:
Now, compute for each pair and sum them:
Let's calculate this. Values of x and their corresponding probabilities x_values = [2, 4, 6, 8, 10, 12, 14] probabilities = [0.07, 0.19, 0.25, 0.11, 0.07, 0.30, 0.01]
Calculating the expected value
expected_value = sum(x * p for x, p in zip(x_values, probabilities)) expected_valueThe expected value of the probability distribution is:
The correct option is:
.
Would you like further explanations, or have any additional questions about this topic?
Here are 5 related questions to explore further:
- How do you calculate the variance of a discrete random variable?
- What does the expected value of a random variable represent in probability theory?
- How is the expected value applied in real-life scenarios like finance or insurance?
- What is the relationship between expected value and the mean of a dataset?
- How would the probabilities or outcomes being incorrect affect the expected value?
Tip: Always ensure the probabilities in a discrete probability distribution add up to 1. This helps verify correctness!
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Math Problem Analysis
Mathematical Concepts
Probability
Expected Value
Discrete Random Variables
Formulas
Expected Value formula: μ = E(X) = Σ(x * P(X = x))
Theorems
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Suitable Grade Level
Grades 10-12
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