Chapter 4: Q.4.9 (page 163)
Repeat Example when the balls are selected with replacement.
Chapter 4: Q.4.9 (page 163)
Repeat Example when the balls are selected with replacement.
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Get started for freeThere are two possible causes for a breakdown of a machine. To check the first possibility would cost C1 dollars, and, if that were the cause of the breakdown, the trouble could be repaired at a cost of R1 dollars. Similarly, there are costs C2 and R2 associated with the second possibility. Let p and 1 − p denote, respectively, the probabilities that the breakdown is caused by the first and second possibilities. Under what conditions on p, Ci, Ri, i = 1, 2, should we check the first possible cause of breakdown and then the second, as opposed to reversing the checking order, so as to minimize the expected cost involved in returning the machine to working order?
If you buy a lottery ticket in lotteries, in each of which your chance of winning a prize is role="math" localid="1646465220038" , what is the (approximate) probability that you will win a prize
(a) at least once?
(b) exactly once?
(c) at least twice?
One of the numbers through is randomly chosen. You are to try to guess the number chosen by asking questions with “yes-no” answers. Compute the expected number of questions you will need to ask in each of the following two cases:
(a) Your ith question is to be “Is it i?” i = . (b) With each question, you try to eliminate one-half of the remaining numbers, as nearly as possible.
Suppose that a die is rolled twice. What are the possible values that the following random variables can take on:
(a) the maximum value to appear in the two rolls;
(b) the minimum value to appear in the two rolls;
(c) the sum of the two rolls;
(d) the value of the first roll minus the value of the second roll?
If X has distribution function F, what is the distribution function of ?
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