find the expected value and the variance of the number of times
one must throw a...
find the expected value and the variance of the number of times
one must throw a die until outcome 1 has occurred 4 times. This is
the negative binomial distribution
a) On the throw of a fair die, the expected value of the number
showing is 3.5 and the standard deviation is 1.71. What is the
expected value and standard deviation of the sum of the values from
the throw of a pair of dice
b) Suppose Y1 and Y2 are independent,
Var(Y1) = Var(Y2) = σy2
and Z1 = Y1+Y2 .What is
Var(Z1)? How does this compare to the result found in
part a)?
c) Generalize the previous results....
The
probability of success in Bernoulli is 0.7. Find the expected value
and variance of the number of failures until the ninth success.
(The problem is to find the mean and variance of the number of
failures in the negative binomial distribution given the Bernoulli
probability of success.)
Toss 5 coins 25 times and note on each throw the number of
heads. Make a probability distribution of the number of heads. Find
mean and variance of that distribution and compare it with the mean
and variance of theoretical probability distribution using binomial
probability distribution.
We throw a die independently four times and let X denote the
minimal value rolled. (a) What is the probability that X ≥ 4. (b)
Compute the PMF of X. (c) Determine the mean and variance of X.
Give the expected value, variance, and probability distribution
for the sum of a fair coin and a random real number chosen
uniformly in the range [ -1, 1]. Sketch the PMF.
18. The spending variance measures
a. the difference between expected expenditures for the actual
number of outputs and the expected expenditures for the planning
budgeted number of outputs
b. the difference between expected expenditures for the actual
number of outputs and the actual expenditures for the actual number
of outputs.
c. the difference between budgeted expenditures and actual
expenditures for the planned number of outputs.
d. what the costs and revenues should have been for the budgeted
number of outputs....
Explain the importance of covariance and correlation between
assets and understanding the expected value, variance, and standard
deviation of a random variable and of returns on a portfolio.
Find two positive integers such that the sum of the first number
and four times the second number is 100 and the product of the
numbers is as large as possible.
please double check answer
expected value and variance for the described distribution? 5.
Suppose that a box contains five red balls and ten blue balls. If
seven balls are selected at random without replacement, what is the
probability that at least 4 red balls will be obtained? Let X
denote the proportion of red balls in the sample what are the mean
and variance of X?