Math Problem Statement

Find the expected value of the above random variable.

Solution

The problem asks for the expected value of a discrete random variable given its probabilities and scores. The table contains probabilities and corresponding scores, and the expected value E(X)E(X) is calculated as:

E(X)=(P(Xi)Xi)E(X) = \sum (P(X_i) \cdot X_i)

Where P(Xi)P(X_i) is the probability and XiX_i is the score.

Let’s compute the expected value using the given dataThe problem asks for the expected value of a discrete random variable given its probabilities and scores. The table contains probabilities and corresponding scores, and the expected value E(X)E(X) is calculated as:

E(X)=(P(Xi)Xi)E(X) = \sum (P(X_i) \cdot X_i)

Where P(Xi)P(X_i) is the probability and XiX_i is the score.

Let’s compute the expected value using the given

ProbabilityScores
0.161
0.232
0.106
0.179
0.0711
0.2612
0.0113

Now I will compute the expected value E(X)E(X).The expected value of the given random variable is approximately 6.776.77, not 6.446.44, which means the previous result entered was incorrect.

Do you want further details or have any questions?

Here are some related questions to expand on this topic:

  1. What does the expected value represent in the context of probability?
  2. How would you compute the variance for this random variable?
  3. Can the expected value be negative? If yes, in which situations?
  4. How do you interpret the expected value in real-world situations?
  5. How does the law of large numbers relate to expected value?

Tip: The expected value is often considered the "long-run average" outcome of a random variable.

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Math Problem Analysis

Mathematical Concepts

Probability
Expected Value
Discrete Random Variables

Formulas

E(X) = Σ(P(X_i) * X_i)

Theorems

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Suitable Grade Level

Grades 10-12