Chapter 4: Q. 39 (page 285)
What values does the random variable X take on?
The values are
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There are two similar games played for Chinese New Year and Vietnamese New Year. In the Chinese version, fair dice with numbers 1, 2, 3, 4, 5, and 6 are used, along with a board with those numbers. In the Vietnamese version, fair dice with pictures of a gourd, fish, rooster, crab, crayfish, and deer are used. The board has those six objects on it, also. We will play with bets being \(1. The player places a bet on a number or object. The “house” rolls three dice. If none of the dice show the number or object that was bet, the house keeps the \)1 bet. If one of the dice shows the number or object bet (and the other two do not show it), the player gets back his or her \(1 bet, plus \)1 profit. If two of the dice show the number or object bet (and the third die does not show it), the player gets back his or her \(1 bet, plus \)2 profit. If all three dice show the number or object bet, the player gets back his or her \(1 bet, plus \)3 profit. Let X = number of matches and Y = profit per game.
a. In words, define the random variable X.
b. List the values that X may take on.
c. Give the distribution of X. X ~ _____(_____,_____)
d. List the values that Y may take on. Then, construct one PDF table that includes both X and Y and their probabilities.
e. Calculate the average expected matches over the long run of playing this game for the player.
f. Calculate the average expected earnings over the long run of playing this game for the player
g. Determine who has the advantage, the player or the house.
Complete the expected value table.
Suppose you play a game with a spinner. You play each game by spinning the spinner once. P(red) = , P(blue) = , and P(green) = . If you land on red, you pay . If you land on blue, you don't pay or win anything. If you land on green, you win . Complete the following expected value table.
Use the following information to answer the next six exercises: The Higher Education Research Institute at UCLA collected data from 203,967 incoming first-time, full-time freshmen from 270 four-year colleges and universities in the U.S. 71.3% of those students replied that, yes, they believe that same-sex couples should have the right to legal marital status. Suppose that you randomly select freshman from the study until you find one who replies “yes.” You are interested in the number of freshmen you must ask.
What values does the random variable X take on?
An emergency room at a particular hospital gets an average of five patients per hour. A doctor wants to know the probability that the ER gets more than five patients per hour. Give the reason why this would be a Poisson distribution.
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