Lesson-1.3-Mean-and-Standard-Deviation
Lesson-1.3-Mean-and-Standard-Deviation
Random Variable
Learning Competencies: The learner …
7. illustrates the mean and variance of a discrete random variable.
8. calculates the mean and the variance of a discrete random variable
9. interprets the mean and the variance of a discrete random variable
10. solves problems involving mean and variance of probability
distributions
Review on symbols:
population mean
x population mean
Example 1. Find the mean of the discrete random variable X whose probability distribution is
2 Var X x 2 P x 2
Var X
2 0.21 1 0.34 2 0.24 3.5 0.21 1.14
2 2 2 2
2
3.41
4.71 1.30
1.85
3.41
Example 2: Shown below is the probability distribution of X = the number of students
utilizing the Math Laboratory per day.
X 6 8 10 12 14
P(X) 0.1 0.35 0.3 0.15 0.1
Solution:
a.
X PX
6 0.1 8 0.35 10 0.3 12 0.15 14 0.1
9.6
2 Var X x 2 P x 2 Var X
62 0.1 82 0.35 102 0.3 122 0.15 142 0.1 9.62 5.04
5.04 2.24
Example 2: Shown below is the probability distribution of X = the number of students
utilizing the Math Laboratory per day.
X 6 8 10 12 14
P(X) 0.1 0.35 0.3 0.15 0.1
b. Give the probability that at least 12 students are using the laboratory in a given day
Solution:
a. “at least 12 students” means greater than or equal to 12 students
P X 12 P 12 P 14
0.15 0.1
0.25
This means that the probability of having at least 12 students in a given day is 25%.
Games of Chance and Expected Value
If you go to Time Zone Ayala Center you can play several game of chance. These are games which do not
require skills but purely games of chance and players who will win the games will be awarded with tickets
and eventually exchange them for a large prize at booths also located within the arcade.
Suppose you are with your brother and he wants to obtain a prize ( a giant robot) that costs 500 tickets. He
can only choose from the following two games: a slot machine and a spinning wheel. Each game costs P20
per play. He has to choose only one game but he can play as many times as it takes to earn 500 tickets.
Listed below are the probability distributions for the two games:
Slot Machine Spinning Wheel
Tickets Probability Tickets Probability
1 0.44 1 0.50
5 0.40 2 0.20
10 0.10 5 0.15
50 0.05 25 0.10
100 0.01 100 0.05
Solution:
Let X be the winning amount. The probability distribution is given below.
X 2500 0
P(X) 3/1000 997/1000
EX X PX
3 997
2500 0
1000 1000
7.5
This means that your expected winning is P7.5 if you buy 3 raffle tickets.
Real-life Application
The Verbum Day Carwash loses P800 during rainy days and gains P3500 when it is not raining. What is the
expected value if the probability of raining is 20%?
Solution:
Let X be the gain. The probability distribution is given below.
X -800 3500
P(X) .20 .80
EX X PX
800 0.20 3500 3500
P 2,640
This means that on average the Verbum Day Carwash on average gains 2, 6400.
Open you book on page 20. Answer test C, items 1,3,4,5