In: Statistics and Probability
Ten percent of the corporate managers at Axolotl Industries majored in humanities. What is the expected number of managers to be interviewed before finding the first one with a humanities major?
15
20
10
17
Solution
Back-up Theory
If a discrete random variable, X, has probability function, p(x), x = x1, x2, …., xn, then
Expected value of X = E(X) = Σ{x.p(x)} summed over all possible values of x….................................................…. (1)
Now, to work out the solution,
Let X = number of managers to be interviewed before finding the first one with a humanities major
Ten percent of the corporate managers at Axolotl Industries majored in humanities =>
Probability of finding a manager with a humanities major = 0.1 and hence
Probability of not finding a manager with a humanities major = 0.9
Now, X = 1 => first manager interviewed is a humanities major and so P(X = 1) = 0.1
X = 2 => first manager interviewed is not a humanities major and the second manager interviewed
is a humanities major. So P(X = 2) = 0.9 x 0.1
X = 3 => first two manager interviewed are not humanities majors and the third manager interviewed
is a humanities major. So P(X = 3) = 0.92 x 0.1
Similarly, P(X = 4) = 0.93 x 0.1; P(X = 5) = 0.94 x 0.1; and so on, the process, mathematically, would
go to infinity.
So, vide (1),
E(X), say =
E = (1 x 0.1) + (2 x 0.9 x 0.1) + (3 x 0.92 x 0.1) + (4 x 0.93 x 0.1) + ................... to infinity ............................ (2)
0.9E = (1 x 0.9 x 0.1) + (2 x 0.92 x 0.1) + (3 x 0.93 x 0.1) + ................... to infinity ............................ (3)
(2) - (3):
0.1E = (1 x 0.1) + (1 x 0.9 x 0.1) + (2 x 0.92 x 0.1) + (3 x 0.93 x 0.1) + ................... to infinity
= (1 x 0.1)/(1 – 0.9) [applying the formula for the sum of an infinite geometric series]
= 1
=> E = 1/0.1 = 10. Thus,
expected number of managers to be interviewed before finding the first one with a humanities major = 10 Answer
Third Option
DONE
[going beyond,
X has Geometric Distribution with parameter p = 0.1 and mean of Geometric Distribution is 1/p.]