In: Statistics and Probability
The number of M&M's in a fun size pack has on average 10 candies with a variance of 4 candies. If you are given a single fun size pack of M&M's:
a. What can we say about the probability that your pack of M&M's does not have between 9 and 11 candies?
b. How useful do you find this information?
For a class activity, each of the 35 students gets a pack of M&M's to work with.
c. What is the distribution (including parameter values) of the total number of M&M's that will be used in class?
d. What is the probability that the average number of M&M's in a pack used in class is between 9.5 and 10.5 candies?
e. Would the variance in the average of candies in a pack increase or decrease if the same exercise was repeated in a class with 80 students?
mean = 10 variance = 4
a. What can we say about the probability that your pack of M&M's does not have between 9 and 11 candies?
1 - P[ 9 < X < 11 ]
We need to compute . The corresponding z-values needed to be computed are:
Therefore, we get:
1 - P[ 9 < X < 11 ] = 1 - 0.3829 = 0.6171
b. How useful do you find this information?
Since, most of the data (61.71% ) does not lies between 9 and 11 we can interpret a lot of things out of this.
c. What is the distribution (including parameter values) of the total number of M&M's that will be used in class?
For the sample, mean will remain same.
mean = 10
variance will be reduced to 4/35 = 0.114
variance = 0.114
d. What is the probability that the average number of M&M's in a pack used in class is between 9.5 and 10.5 candies?
Here we will use s = sqrt(0.114) = 0.338 to compute the probablity
We need to compute . The corresponding z-values needed to be computed are:
Therefore, we get:
e. Would the variance in the average of candies in a pack increase or decrease if the same exercise was repeated in a class with 80 students?
yes, as the sample size increases the variance decreases
variance will reduce to 4/80 = 0.05 from 0.114