Computing Means and Variances
Computing Means and Variances
5 Practice 2
Practice
Assignment: Computing Means and Variances
1. You're taking a multiple-choice exam and you don't know the answers to two of the questions.
Each question has four choices, so the probability of getting a question right by guessing is
.25. Draw a tree diagram showing the probabilities of getting none, one, or both questions
right by guessing. (3 points)
2. Using the tree diagram you just constructed and make a table showing the probability
distribution of getting zero, one, or both questions right by guessing. (3 points)
x 0 1 2
𝜎 = 0.935
4. Let's say that for one of the two questions you can narrow the answer choices down to
three. Now your chance of getting that question right by guessing is about .33. What is the
new expected value for the number of questions you'd get right by guessing? What are the
new variance and standard deviation of this random variable? Drawing another tree diagram
and making another probability distribution table may help you answer this question. (3
points)
x 0 1 2
𝜎 2 = 1.11
𝜎 = 1.054
𝜇𝑎+𝑏𝑥 = a+b𝜇𝑥
𝜇𝑎+𝑏𝑥 = 5 – 3(2.71)
𝜇𝑎+𝑏𝑥 = -3.13
6. The variance for the same random variable from question 5 is 1.22. After applying the
transformation from question 5, what is the new variance? What is the standard deviation
of the transformed random variable? (3 points)
𝜎 2 𝑎+𝑏𝑥 = 𝑏 2 𝜎𝑥
𝜎 2 𝑎+𝑏𝑥 = -32 (1.22)
𝜎 2 𝑎+𝑏𝑥 = 10.98
𝜎𝑎+𝑏𝑥 = √𝜎2𝑎+𝑏𝑥
𝜎𝑎+𝑏𝑥 = 3.313
7. Your friend has two jobs. She works a different number of hours each week, so her paycheck
for each job is different from week to week. Her average weekly paycheck is $110 for job one
and $75 for job two. What is her average weekly income if these are her only jobs? (3.5 points)
𝜇𝑥+𝑦 = 𝜇𝑥 + 𝜇𝑦
𝜇𝑥+𝑦 = 110 + 75
𝜇𝑥+𝑦 = $185
8. Your friend's parents each have a job. Her mother's average weekly salary is $740 with a
standard deviation of $43. Her father's average weekly salary is $535, with a standard
deviation of $25. Find the average weekly salary of her parents combined, and the standard
deviation of their combined salaries. You can assume that the amount of money her mother
makes has no effect on her father's salary, and vice versa. (3.5 points)
𝜇𝑥+𝑦 = 𝜇𝑥 + 𝜇𝑦
𝜇𝑥+𝑦 = 740 + 535
𝜇𝑥+𝑦 = $1,275