# Ch05 - Chapter5 LearningObjectives 1 2 3 ,vari

This preview shows pages 1–7. Sign up to view the full content.

Chapter 5 Discrete Probability Distributions Learning Objectives 1. Understand the concepts of a random variable and a probability distribution. 2. Be able to distinguish between discrete and continuous random variables. 3. Be able to compute and interpret the expected value, variance, and standard deviation for a discrete random variable. 4. Be able to compute and work with probabilities involving a binomial probability distribution. 5. Be able to compute and work with probabilities involving a Poisson probability distribution. 6. Know when and how to use the hypergeometric probability distribution. Solutions: 5 - 1

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
Chapter 5 1. a. Head, Head (H,H) Head, Tail (H,T) Tail, Head (T,H) Tail, Tail (T,T) b. x = number of heads on two coin tosses c. Outcome Values of x (H,H) 2 (H,T) 1 (T,H) 1 (T,T) 0 d. Discrete. It may assume 3 values: 0, 1, and 2. 2. a. Let x = time (in minutes) to assemble the product. b. It may assume any positive value: x > 0. c. Continuous 3. Let Y = position is offered N = position is not offered a. S = {(Y,Y,Y), (Y,Y,N), (Y,N,Y), (Y,N,N), (N,Y,Y), (N,Y,N), (N,N,Y), (N,N,N)} b. Let N = number of offers made; N is a discrete random variable. c. Experimental Outcome (Y,Y,Y) (Y,Y,N) (Y,N,Y) (Y,N,N) (N,Y,Y) (N,Y,N) (N,N,Y) (N,N,N) Value of N 3 2 2 1 2 1 1 0 4. 0, 1, 2, 3, 4, 5, 6, 7, 8, 9 5. a. S = {(1,1), (1,2), (1,3), (2,1), (2,2), (2,3)} b. Experimental Outcome (1,1) (1,2) (1,3) (2,1) (2,2) (2,3) Number of Steps Required 2 3 4 3 4 5 6. a. values: 0,1,2,...,20 discrete b. values: 0,1,2,... discrete c. values: 0,1,2,...,50 discrete d. values: 0 x 8 continuous e. values: x > 0 continuous 5 - 2
Discrete Probability Distributions 7. a. f ( x ) 0 for all values of x . Σ f ( x ) = 1 Therefore, it is a proper probability distribution. b. Probability x = 30 is f (30) = .25 c. Probability x 25 is f (20) + f (25) = .20 + .15 = .35 d. Probability x > 30 is f (35) = .40 8. a. x f ( x ) 1 3/20 = .15 2 5/20 = .25 3 8/20 = .40 4 4/20 = .20 Total 1.00 b. c. f ( x ) 0 for x = 1,2,3,4. Σ f ( x ) = 1 9. a. Age Number of Children f ( x ) 6 37,369 0.018 7 87,436 0.043 8 160,840 0.080 9 239,719 0.119 10 286,719 0.142 5 - 3 .1 .2 .3 .4 f ( x ) x 1 2 3 4

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
Chapter 5 11 306,533 0.152 12 310,787 0.154 13 302,604 0.150 14 289,168 0.143 2,021,175 1.001 b. c. f ( x ) 0 for every x Σ f ( x ) = 1 Note: Σ f ( x ) = 1.001 in part (a); difference from 1 is due to rounding values of f ( x ). 10. a. x f ( x ) 1 0.05 2 0.09 3 0.03 4 0.42 5 0.41 1.00 b. x f ( x ) 1 0.04 2 0.10 3 0.12 4 0.46 5 0.28 1.00 5 - 4 6 7 8 9 10 11 12 13 14 .02 .04 .06 .08 .10 .12 .14 .16 f ( x ) x
Discrete Probability Distributions c. P(4 or 5) = f (4) + f (5) = 0.42 + 0.41 = 0.83 d. Probability of very satisfied: 0.28 e. Senior executives appear to be more satisfied than middle managers. 83% of senior executives have a score of 4 or 5 with 41% reporting a 5. Only 28% of middle managers report being very satisfied. 11. a. Duration of Call x f ( x ) 1 0.25 2 0.25 3 0.25 4 0.25 1.00 b. c. f ( x ) 0 and f (1) + f (2) + f (3) + f (4) = 0.25 + 0.25 + 0.25 + 0.25 = 1.00 d. f (3) = 0.25 e. P(overtime) = f (3) + f (4) = 0.25 + 0.25 = 0.50 12. a. Yes; f ( x ) 0. Σ f ( x ) = 1 b. f (500,000) + f (600,000) = .10 + .05 = .15 c. f (100,000) = .10 13. a. Yes, since f ( x ) 0 for x = 1,2,3 and Σ f ( x ) = f (1) + f (2) + f (3) = 1/6 + 2/6 + 3/6 = 1 b. f (2) = 2/6 = .333 c. f (2) + f (3) = 2/6 + 3/6 = .833 14. a. f (200) = 1 - f (-100) - f (0) - f (50) - f (100) - f (150) = 1 - .95 = .05 This is the probability MRA will have a \$200,000 profit. 5 - 5 0.10 0.20 0.30 f ( x ) x 1 2 3 4 0

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
Chapter 5 b. P(Profit) = f (50) + f (100) + f (150) + f (200) = .30 + .25 + .10 + .05 = .70 c. P(at least 100) = f (100) + f (150) + f (200) = .25 + .10 +.05 = .40 15. a.
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

### What students are saying

• As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

Kiran Temple University Fox School of Business ‘17, Course Hero Intern

• I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

Dana University of Pennsylvania ‘17, Course Hero Intern

• The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

Jill Tulane University ‘16, Course Hero Intern