In: Statistics and Probability
Computers |
0 |
1 |
2 |
3 |
4 |
5 |
Number of households (in millions) |
27 |
47 |
24 |
10 |
4 |
2 |
solution:
a) Probability Distribution
Computers | No.of households | P(X) | X*P(X) | X^2 * P(X) |
0 | 27 | 27/114 = 0.2368 | 0 | 0 |
1 | 47 | 47/114=0.4123 | 0.4123 | 0.4123 |
2 | 24 | 24/114=0.2105 | 0.4210 | 0.8420 |
3 | 10 | 10/114=0.0877 | 0.2631 | 0.7893 |
4 | 4 | 4/114=0.0351 | 0.1404 | 0.5616 |
5 | 2 | 2/114=0.0175 | 0.0875 | 0.4375 |
= 114 | = 1.3243 | =3.0425 |
c)
i) Mean = E[X] =
= 1.3243
Therefore, Mean = 1.3243
ii)Variance = = E[X^2] - E[X]^2
where E[X^2] =
Therefore,Variance == = E[X^2] - E[X]^2 = 3.0425 - (1.3243)^2 = 1.2887
iii)Standard Deviation = =√ Variance = √ 1.2887 = 1.1352
Interpretation: The Expected value is 1.3243 .In the United States On Average every household has 1 computer.
The variance which is in square units (so we can't interpret it).Standard Deviation is 1.1352 which means you can expect 1computer to each household in US which is little vary about its mean.
d) P(Randomly selected household has four computers) = P(X>=4)
= P(X=4) + P(X=5)
= 0.0351+0.0175
= 0.0526
Probability of randomly selected household has four computers = 0.0526
b)