Developing Theoretical Probability Distributions, Expected Value - Statistics and Probability
- State the expected value formula for .
- . Mean of binomial distribution is number of trials times success probability.
- What is the expected value of a constant random variable ?
- . A constant has no variability, so its expected value equals itself.
- What is for ?
- . Uses binomial formula with , , .
- What is the theoretical probability of a correct guess on a -choice multiple-choice question?
- . One correct choice out of four equally likely options.
- State the expected value for .
- . Average number of successes equals trials times success probability.
- What is when guessing on questions with ?
- . All 5 wrong: where .
- What is when guessing on questions with ?
- . All 5 correct: where .
- State the linearity rule for expected value: what is ?
- . Constants factor out; adding shifts expected value by .
- Which expression gives for ?
- . Complement rule: .
- What is the expected score if each correct answer is worth points and is # correct?
- . Linearity of expectation: constant multiplier scales the expected value.
- State the binomial probability formula for when .
- . Counts ways to get successes times probability of each arrangement.
- Find if with , , .
- . Multiply each value by its probability and sum: .
- What two conditions must a probability distribution satisfy for values with probabilities ?
- and . Probabilities must be non-negative and sum to 1 for a valid distribution.
- If score is , what is in terms of ?
- . Expected value scales linearly with constant multiplier.
- If each correct is points and wrong is , what is expected score for questions with ?
- . Score is , so .
- What is for guessing on questions with ?
- . All 5 correct means where .
- What is the expected number correct when guessing on questions with ?
- . For binomial, expected value equals .
- What is for ?
- . Uses binomial formula with , , .
- What two conditions must a probability distribution for discrete satisfy?
- and . Probabilities must be between 0 and 1, and sum to 1 for all outcomes.
- What is for guessing on questions with ?
- . All 5 wrong means where .
- What is the expected score for scheme when guessing on with ?
- . Only correct answers score, so and .
- What is the expected score for questions, points each correct, guessing with ?
- . Apply with .
- Identify the distribution of = number correct when guessing on independent questions with success prob .
- . Counting successes in independent trials follows binomial distribution.
- If each correct is and each wrong is , what is expected score for questions with ?
- . Expected gain per question is when .
- State the linearity rule for expected value of .
- . Linear transformations scale and shift the expected value accordingly.
- If each correct is point and no penalty, what is expected score for questions with ?
- . Score equals number correct, so .
- What is for ?
- . Uses binomial formula with , , .
- What is for guessing on questions with ?
- . Choose 2 positions for successes, multiply by and .
- What is for ?
- . Uses binomial formula with , , .
- Identify the distribution of = number correct when guessing on 4-choice questions.
- . Counting successes in independent trials with success probability .
- What is for guessing on questions with ?
- . Choose 1 position for success, multiply by and .
- State the formula for the expected value of a discrete random variable.
- . Sum each outcome times its probability to find the average value.
- What is the expected number correct when guessing on questions with ?
- . For binomial, .
- What is the expected percent score if percent for questions and ?
- . Each correct is worth 20%, so multiply expected correct by 20.
- State the binomial probability formula for when .
- . Gives probability of exactly successes in trials.
- State the formula for the expected value of a discrete random variable .
- . Sum each outcome value times its probability.
- What is when guessing on one 4-choice multiple-choice question?
- . One correct choice out of four equally likely options.