In: Statistics and Probability
- Sample:
- Population:
- Statistic:
- Parameter:
2. A bag contains 5 colored marbles, 3 red and 2 blue. You want to pick three marbles, one at a time from the bag. The sample space of this experiment is as followed:
S = {RRR, RRB, RBR, BRR, BBR, BRB, RBB}
We define the following event:
A – No pick is red
B – Exactly two picks are Red.
C – The second is Blue.
D – Exactly two Blue.
a. Is A and B disjoint or non-disjoint? (2pts)
b. Is C and D disjoint or non-disjoint? (2pts)
3. A carnival game has bag that contains four different colored balls. There are four blue balls, three red balls, two orange balls, and one purple ball. You pay $5 to reach in and grab one colored ball from the bag. If you pick a blue ball you win $10, if you pick a red ball you win $20, if you pick an orange ball you win $50, and if you pick a purple ball you win $100. What is your expected gain if you play this game? (3pts)
1.
Sample
Those 100 people who were interviewed by John constitutes the sample here.
Population
Residents of that particular state constitutes the population here.
Statistic
Statistic is some value obtained from observer's sample. The proportion obtained from sample is the statistic.
Parameter
Parameter is some value obtained about the population. The proportion corresponding to the population is parameter here.
2.
(a)
So, A and B are disjoint.
(b)
So, C and D are non-disjoint.
3.
Suppose, random variable X denotes gain (after subtracting payment to reach in from winnings) in dollars.
So, expected gain is $ 25.