Developing Empirical Probability Distributions, Expected Value - Statistics and Probability
- What is the expected value formula for a discrete random variable ?
- . Multiply each value by its probability and sum all products.
- What is the sample space for if observed values are to ?
- . Sample space contains all possible values the random variable can take.
- What is for with ?
- .
- Find if , , .
- . Weighted average: .
- What is for with ?
- .
- What two conditions must a discrete probability distribution satisfy?
- and . Probabilities must be between 0 and 1, and sum to 1 for all outcomes.
- Identify the random variable in: "number of TV sets per household" for a probability distribution.
- . Random variable represents the quantity being measured in each trial.
- Find and correct the error: "" for a discrete random variable.
- Correct: . Error: formula missing the values; must multiply by .
- What is the expected value if takes values with probabilities ?
- .
- What is the expected value if a distribution is , ?
- .
- What does represent in context for TVs per household?
- Long-run average TVs per household. The average number of TVs we expect to find per household.
- What is the expected number in households if , , ?
- . , so
- What is if with and ?
- . Only two outcomes: contributes nothing, contributes .
- What is the expected number of TV sets in households if sets per household?
- sets. Multiply expected value per household by number of households.
- Identify the random variable in: "number of TV sets in a randomly selected household."
- . The variable counts TV sets in a single household.
- What is for with empirical counts out of ?
- . Convert counts to probabilities: , , .
- What is an empirical probability for an outcome with frequency in trials?
- . Divides frequency of occurrence by total number of trials.
- Find the expected number in households if TV sets per household.
- sets. Scale up single household expectation to 200 households.
- Identify the missing probability if , , and for a distribution.
- . Probabilities must sum to 1, so missing probability is .
- What is if with probabilities ?
- . Sum products: .
- What is the expected count in trials if the expected value per trial is ?
- . Multiply expected value per trial by number of trials.
- State the formula for the expected total over independent observations of with mean .
- . Expected sum of independent observations is times single expectation.
- What must be true about the probabilities in a discrete probability distribution?
- Each and . Probabilities must be non-negative and sum to exactly 1.
- Identify the error: a "distribution" has , , .
- . Probabilities sum to more than 1, violating distribution rules.
- What is the expected total in trials if per trial?
- .
- What is the expected count in trials if the probability of success is ?
- . Expected count in trials equals trials times success probability.
- What is the expected number in households if TVs per household?
- .
- Find the missing probability if , , , .
- .
- What is if , , and ?
- .
- State the formula for the expected value of a discrete random variable .
- . Expected value is the weighted average using probabilities as weights.
- What is if is always (that is, )?
- . When a variable is constant, its expected value equals that constant.
- What is the empirical probability if of households have TVs?
- .
- What is the empirical probability if of households have TVs?
- .
- What is the empirical distribution if counts for are out of ?
- . Divide each count by total 50: , , .
- What is the sample space for = number of TV sets per household (discrete, nonnegative)?
- . All possible non-negative integer counts.