Question

In: Statistics and Probability

Create your own Binomial Probability RV and Distribution 1. Describe your Binomial Experiment. Choose an n...

Create your own Binomial Probability RV and Distribution

1. Describe your Binomial Experiment. Choose an n of between 20 and 100:

2. Success = __________________________   Failure = _____________________________

3. X ~ _____ (______, ______)

4. List or give the range of the values that X takes on:

5. Give the PDF formula for the RV:

6. Find the expected value and standard deviation for your random variable.  

7. Write the probability questions described below about YOUR binomial RV and evaluate the probabilities.

a. A probability that X = a single value

b. A probability with “at most”

d. A probability with “more than”

e. A probability with "between"

Solutions

Expert Solution

1. Choose n = 25

2. Choose:

Success = p = 0.75

Failure = q = 0.25

3.

X B (25,0.75)

4. Range of the values that X takes on:

0 to 5

5.

PDF formula for the RV:

,

                  x = 0,1,2,,..,n

Substituting values, we get:

,

                            x = 0,1,2,...,25

6.

Expected value = E(x) = np = 25 X 0.75 = 18.75

Standard deviation = =

7.

(a) Let "single value" = 10

(b)

Let "at most" 2

P(X2) = P(X = 0) + P(X=1) + P(X=2)

So,

P(at most 2) = 0.0000

(d)

Let "more than" 2:

P(X>2) = 1 - P(X2) = 1 - 0.0000 = 1

(e) Let "between" 0 and 2:

So,

P(between 0 & 2) = 0.0000


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