In: Statistics and Probability
Provide an example of a probability distribution of discrete random variable, Y, that takes any 4 different integer values between 1 and 20 inclusive; and present the values of Y and their corresponding (non-zero) probabilities in a probability distribution table.
Calculate: a) E(Y)
b) E(Y2 ) and
c) var(Y).
d) Give examples of values of ? and ? , both non-zero, for a binomial random variable X. Use either the binomial probability formula or the binomial probability cumulative distribution tables provided in class calculate:
a) ?(? = ?0) where ?0 is an integer of your own choice satisfying 0 < ?0 < ?. b) ?(? > ?0)
e) Suggest any value, ?0, of the standard normal probability distribution (correct to two decimal places), satisfying 1.10 < ?0 < 2.5 and then calculate:
a) P(Z> −?0) and b) P (Z< 0.8?0)
Solution :
The discrete random variable with it's probability distribution table is given below :
Y = y | P(Y = y) |
0 | 0.2 |
1 | 0.4 |
2 | 0.1 |
3 | 0.3 |
a) The E(Y) is given by,
E(Y) = Σ y. P(Y = y)
E(Y) = (0 × 0.2) + (1 × 0.4) + (2 × 0.1) + (3 × 0.3)
E(Y) = 0 + 0.4 + 0.2 + 0.9
E(Y) = 1.5
b) E(Y²) is given by,
E(Y²) = Σ y². P(Y = y)
E(Y²) = (0² × 0.2) + (1² × 0.4) + (2² × 0.1) + (3² × 0.3)
E(Y²) = 0 + 0.4 + 0.4 + 2.7
E(Y²) = 3.5
c) Var(Y) is given by,
Var(Y) = E(Y²) - (E(Y))²
Var(Y) = 3.5 - (1.5)²
Var(Y) = 1.25
d)(a) Let n = 4 and p = 0.5 and xo = 1
Now we have to find P(X = 1).
Using binomial probability cumulative distribution table we get,
for n = 4, p = 0.5
P(X = 1) = 0.25
d)(b) We have to find P(X > 1).
P(X > 1) = 1 - P(X ≤ 1)
P(X > 1) = 1 - [P(X = 0) + P(X = 1)]
Using binomial probability cumulative distribution table we get,
for n = 4, p = 0.5
P(X = 1) = 0.25 and P(X = 0) = 0.0625
Hence, P(X > 1) = 1 - [0.25 + 0.0625]
P(X > 1) = 1 - 0.3125
P(X > 1) = 0.6875
e) Let z0 = 2.0
a) We have to find P( Z > -2).
Using Standard Normal Table we get,
P(Z > -2) = 0.9772
b) We have to find P(Z < 0.8×2).
P(Z < 0.8 × 2) = P(Z < 1.6)
Using Standard Normal Table we get,
P(Z < 1.6) = 0.9452