Random Variable - Mrs. Cohen's Math Classes

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Section 5.1.notebook 1 November 03, 2014 Feb 29:19 AM Random Variable Numerical value which depends on chance. Discrete - countable "count" number of students who . . . number of participants who . . . number of eggs in each nest . . . Continuous - countless "measure" Things like distance, time, weight . . . Feb 29:32 AM Cars Number Relative Owned of families frequency x f 0 17 0.00425 1 877 0.21925 2 1767 0.44175 3 1107 0.27675 4 200 0.05000 5 32 0.00800 4000 1 Can be called relative frequency Or probability distribution. Notice it is discrete because you own 0, 1, 2 cars . . . not 1.34 cars. Discuss how did they get the numbers in the last column. Important that the total at the bottom is 1.

Transcript of Random Variable - Mrs. Cohen's Math Classes

Page 1: Random Variable - Mrs. Cohen's Math Classes

Section 5.1.notebook

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November 03, 2014

Feb 2­9:19 AM

Random VariableNumerical value which depends on chance.

Discrete - countable"count" number of students who . . .number of participants who . . .number of eggs in each nest . . .

Continuous - countless"measure"Things like distance, time, weight . . .

Feb 2­9:32 AM

Cars             Number             RelativeOwned        of families             frequencyx                f0                17                     0.004251              877                     0.219252              1767                   0.441753               1107                 0.276754               200                   0.050005               32                     0.00800

                     4000                           1

Can be called relative frequency Or probability distribution.Notice it is discrete because you own 0, 1, 2 cars . . . not 1.34 cars.Discuss how did they get the numbers in the last column.Important that the total at the bottom is 1.

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Feb 2­10:12 AM

These formulas are used for discrete. We will do in our calculator

σ =√Σ(x ­ μ)2P(x)

Feb 2­10:22 AM

What was the age distribution of nurses in Great Britain at the time of Florence Nightingale? Thanks to Florence Nightingale and the British census of 1851, we have the following information.

NOTE:In 1851 there were 25,466 nurses in Great Britain.

Age Midpoint PercentRange(yr) x of Nurses20-29 24.5 5.7%30-39 34.5 9.7%40-49 44.5 19.7%50-59 54.5 29.2%60-69 64.5 25.0%70-79 74.5 9.1%80+ 84.5 1.8%

a) Using the age midpoints x and the percents of nurses, do we have a valid probability distribution? Add up to see if it makes 100%Are the events distinct? does each nurse have one and only one age?

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b) Use a histogram to graph the probability distribution of part a.

10%

20%

30%

24.5 34.5 44.5 54.5 64.5 74.5 84.5

Age Midpoint PercentRange(yr) x of Nurses20-29 24.5 5.7%30-39 34.5 9.7%40-49 44.5 19.7%50-59 54.5 29.2%60-69 64.5 25.0%70-79 74.5 9.1%80+ 84.5 1.8%

Feb 2­10:59 AM

c) Find the probability that a British nurse selected at random in 1851 would be 60 years of age or older. P (60-69 or 70-79 or 80+) Add up the percents/probabilities for 60-69, 70-79 and 80+

Age Midpoint PercentRange(yr) x of Nurses20-29 24.5 5.7%30-39 34.5 9.7%40-49 44.5 19.7%50-59 54.5 29.2%60-69 64.5 25.0%70-79 74.5 9.1%80+ 84.5 1.8%

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Feb 2­11:07 AM

d) Compute the expected age µ and the standard deviation σ of a British nurse in 1851.enter x values in L1 and percents in L2 do Stat - Calc - 1 VarStats- L1, L2 enter

Age Midpoint PercentRange(yr) x of Nurses20-29 24.5 5.7%30-39 34.5 9.7%40-49 44.5 19.7%50-59 54.5 29.2%60-69 64.5 25.0%70-79 74.5 9.1%80+ 84.5 1.8%

Feb 2­11:20 AM

x            0   1   2      3   4         5P(x) 0.237  0.396   0.264   0.088 0.015  0.001a) Find the probability that one or more of the five students will drop outAdd up the probabilities for P(1)+P(2)+P(3)+P(4)+P(5)

OR do 1 - P(0)

b) Find the probability that two or more of the five students will drop out before getting their degree.Add up the probabilities for P(2)+P(3)+P(4)+P(5)

OR do 1 - [P(0) + P(1)]

After long term studies Mrs.Cohen's data showed that 25% of her statistics students that enter college will drop out before getting their degree. Let x = number of statistic students out of 5 who drop out of college.

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Feb 2­11:42 AM

b) Compute μ the expected number of drop outs out of five and σ, the standard deviation for the expected number of drop outs out of five.

x            0   1   2      3   4         5P(x) 0.237  0.396   0.264   0.088 0.015  0.001

Jan 28­7:48 AM

Bear Creek is having a raffle for a free I phone. Each raffle ticket cost $1.The phone is valued at $280 and was donated to the school. We sold 1200 tickets.

a) you bought 20 tickets. What is the probability that you will win the I phone? What is the probability that you will not win the I phone?

b) Your expected earnings can be found by multiplying the value of the I phone times the probability that you will win the I phone. Find your expected earnings.

c) Your expected contribution = amount of money you spent - your expected earnings.

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Jan 28­7:38 AM

12.

Jan 28­7:38 AM

13.

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Nov 3­8:25 PM

14. Students do this one. And check their answers.

Assignment: p. 226 #1, 4-6, 10,11,14.

Nov 3­8:25 PM

Newspaper Route

Joseph was collecting from his customers on his newspaper rout.  One of his customers offered him a deal.  The customer would place three 1­dollar bills, one 5­dollar bill and one 10­dollar bill in a bag (of course Joseph could not see inside the bag).  Joseph would reach in and take one bill from the bag and get paid that instead of his regular $5.  Should he take the deal?  Or should he insist instead on getting his regular $5?  Explain your thinking.

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Step 3: Find the expected value (AKA the expected earnings)

Step 2: create a relative frequency table of each possible outcome

Step 1: List the sample space

Nov 3­8:26 PM

GAME 1:  Rolling for Dollars!

Charge:  $1 per roll

If you roll

6:  You get $5

5:  You get $2

4:  You get $1

3, 2, or 1:  You get nothing.

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GAME 2:  Big Bucks!

Charge:  $1 to toss 3 coins

Toss the coins.  

If you get all heads or all tails, you receive $5.  

If not, you get nothing.

Nov 3­8:26 PM

GAME 3:  Toss Away!

Charge:  $1

Roll 2 dice.  

If you roll 2 odd numbers, like a 3 and a 5, you get $2.

If you roll 2 even numbers, like 4 and 6, you get $2.

Otherwise, you get nothing.

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Nov 3­8:26 PM

GAME 4:  Draw a Fortune!

Charge:  $5

Draw twice from a bag that has one $10 and 4 $1 bills.  

You get to keep the bills.  

Nov 3­8:27 PM

Now it's your turn! Create your own game with the following constraints:

1) The game can have any structure of the previous 4 games2) The game must have clear rules3) The game must have an expected value such that the school makes between 1-50 cents per game.4) Write the rules of the game on one side of you file folder5) Write the sample space of your game, make a histogram that shows the relative frequency, and compute the expected value of the game with all work shown on the back of the file folder.

*HINT* you get to charge what you want. It does not have to be $1 or $5