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Material Type: Notes; Class: Probability and Statistics; Subject: Economics; University: Vassar College; Term: Unknown 1989;
Typology: Study notes
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Consider the problem of drawing a sample without replacement of size n from a population of size N. Suppose that the population contains r items which are designated as a success and N-r items which are designated as failures. (Note there is nothing pejorative in the use of the term success or failure in this case.) Let x = the number of successes. Then the probability density function of x is
Let Then it can be shown that and
Note that for very large N or very small n that these results approximate the binomial distribution.
Example : Suppose that there are 25 persons in a class, 15 men and 10 women. Suppose that four persons are chosen at random. Let x = the number of men among the four persons chosen. Find P(x = 3) and find the mean and variance of x.
Solution.