7 Problems on the Probability - Worksheet | MATH 303, Assignments of Probability and Statistics

Material Type: Assignment; Class: Probability; Subject: Mathematics; University: Bucknell University; Term: Unknown 1989;

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Math 303
Day 17 Worksheet Name:
The goal of this worksheet is to help you become more familiar with our examples of discrete
random variables. Below is a list of our examples and their relevant properties. Do what you can in
class today and what you don’t finish is homework. This worksheet is due Wednesday 2/27
(4.6) Binomial:
parameters (n, q)
takes values 0,1,2,. . . , n
p(i) = n
iqi(1 q)ni
E[X] = nq and V ar(X) = nq(1 q)
Bernoulli r.v. is a binomial r.v. with n= 1
(4.8.2) Negative Binomial:
parameters (r, q)
takes values r, r + 1, r + 2, . . .
p(n) = n1
r1qr(1 q)nr
E[X] = r
qand V ar(X) = r(1q)
q2
Geometric r.v. is a negative binomial r.v. with r= 1
(4.8.3) Hypergeometric:
parameters (n, N, m)
takes values 0,1,2,...,min{n,m}
p(i) = (m
i)(Nm
ni)
(N
n)
Let q=m
Nthen E[X] = nq and V ar(X) = nq(1 q)1n1
N1
(4.7) Poisson:
parameter λ
takes values 0,1,2,. . .
p(i) = eλλi
i!
E[X] = V ar(X) = λ
(1) A company produces fine crystal and from experience they know that 10% of their goblets
have cosmetic flaws that require them to be considered “seconds”.
(a) What type of random variable are you going to use and what are the parameters?
(b) Among six randomly selected goblets what is the probability that exactly one is a
second?
(c) Among six randomly selected goblets what is the probability that at least one is a
second?
(d) Among six goblets how many should they expect to be seconds?
(2) A store receives a shipment of 15 digital cameras. There are six 7-megapixel cameras and
the rest are 10-megapixel cameras. Five of these cameras are to be randomly selected to
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Math 303

Day 17 Worksheet Name:

The goal of this worksheet is to help you become more familiar with our examples of discrete random variables. Below is a list of our examples and their relevant properties. Do what you can in class today and what you don’t finish is homework. This worksheet is due Wednesday 2/

  • (4.6) Binomial:
    • parameters (n, q)
    • takes values 0, 1 , 2 ,... , n
    • p(i) =

(n i

qi(1 − q)n−i

  • E[X] = nq and V ar(X) = nq(1 − q)
  • Bernoulli r.v. is a binomial r.v. with n = 1
  • (4.8.2) Negative Binomial:
  • parameters (r, q)
  • takes values r, r + 1, r + 2,...
  • p(n) =

(n− 1 r− 1

qr(1 − q)n−r

  • E[X] = rq and V ar(X) = r(1 q− 2 q)
  • Geometric r.v. is a negative binomial r.v. with r = 1
  • (4.8.3) Hypergeometric:
  • parameters (n, N, m)
  • takes values 0, 1 , 2 ,... , min{n, m}
  • p(i) =

(mi )(Nn^ −−mi ) (Nn )

  • Let q = mN then E[X] = nq and V ar(X) = nq(1 − q)

1 − (^) Nn− −^11

  • (4.7) Poisson:
    • parameter λ
    • takes values 0, 1 , 2 ,...
    • p(i) = e−λ λ

i i!

  • E[X] = V ar(X) = λ

(1) A company produces fine crystal and from experience they know that 10% of their goblets have cosmetic flaws that require them to be considered “seconds”. (a) What type of random variable are you going to use and what are the parameters? (b) Among six randomly selected goblets what is the probability that exactly one is a second? (c) Among six randomly selected goblets what is the probability that at least one is a second? (d) Among six goblets how many should they expect to be seconds?

(2) A store receives a shipment of 15 digital cameras. There are six 7-megapixel cameras and the rest are 10-megapixel cameras. Five of these cameras are to be randomly selected to 1

(^2) put on display. Let X be a random variable equal to the number of 7-megapixel cameras

selected. (a) What kind of random variable are you going to use and what are the parameters? (b) Compute P {X = 2}, P {X ≤ 2 }, and P {X ≥ 2 }. (c) How many 7-megapixel cameras should we expect to be on display? (d) What is the variance of this random variable?

(3) A family will have children until there are exactly three daughters. (a) What random variable models this situation? (b) What is the probability that the family will have four children? (c) What is the probability that the family will have ten children (d) How many children should the family expect to have?

(4) A toll bridge charges $1.00 for passenger cars and $2.50 for other vehicles. In a given day 60% of the vehicles that use the bridge are passenger cars. On the day we are concerned with 300 vehicles use the bridge. Hint: Let X = the number of passenger cars and use a linear function of X.

(a) What kind of random variable are you going to use and what are the parameters? (b) What is the expected revenue from tolls? (c) What is the variance of your function of X?

(5) Suppose that the number of hurricanes observed in a particular region is usually eight per year. (a) What random variable models this situation? (b) What is the expected number of hurricanes over a three year period. (c) What is the probability that 27 through 30 hurricanes occur in two years?

(6) At the end of the day economists randomly select 100 stocks to see if the have increased in value that day or if they have decreased in value (or not changed). It is estimated that 15% of all stocks increase in value each day. (a) If the sample is taken from 1,000 stocks what is the probability that 45% of the stocks sampled increased in value? (b) If the sample is taken from 100,000 stocks what is the probability that 45% of the stocks sampled increased in value? (c) If the sample is taken from 1,000,000 stocks what is the probability that 45% of the stocks sampled increased in value? (d) Now use a binomial random variable to calculate the probabilities from the previous parts. (No sampling is needed.)

(7) Assume we are playing craps and “the point” is set (that is a number other than 2, 3, 7, 11, or 12 is rolled) the roller wins if she rolls the point again. (a) If the point is eight, what is the probability that the roller will throw “the point” in four or less rolls? (b) The roller loses if she throws a seven before she throws an eight. What is the probability that she will throw a seven in four or less rolls? (c) What is the expected number of rolls it will take to throw an eight? A seven?