Chapter 10: Problem 1
Suppose that \(P(X=0)=0.2, P(X=1)=0.3\) and \(P(X=2)=0.5 .\) Find \(E(X)\)
Short Answer
Expert verified
The expectation \(E(X)\) is 1.3.
Step by step solution
01
- Understand the Expectation Formula
The expectation of a discrete random variable is found using the formula: \(E(X) = \sum_x x \cdot P(X=x)\). This formula sums the products of each value the variable can take and the probability of taking that value.
02
- Identify the Values and Probabilities
Identify the different values that the random variable \(X\) can take and their corresponding probabilities from the given information: \(P(X=0)=0.2, P(X=1)=0.3,P(X=2)=0.5\).
03
- Apply the Expectation Formula
Use the identified values and probabilities in the expectation formula: \(E(X) = (0 \cdot 0.2) + (1 \cdot 0.3) + (2 \cdot 0.5)\).
04
- Calculate Each Term
Calculate each term separately:\(0 \cdot 0.2 = 0\), \(1 \cdot 0.3 = 0.3\), and \(2 \cdot 0.5 = 1.0\).
05
- Sum the Results
Add the results from each term to find the final expectation: \(E(X) = 0 + 0.3 + 1.0 = 1.3\).
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Key Concepts
These are the key concepts you need to understand to accurately answer the question.
discrete random variable
In probability and statistics, a discrete random variable is a type of random variable that can take on a finite or countably infinite set of values. Unlike continuous random variables, which can take any value in a given range, discrete random variables have distinct, separate values. Examples of discrete random variables include the roll of a dice, number of students in a class, or even the number of cars passing a traffic signal in a day. To describe a discrete random variable, we need to know:
- The possible values it can take.
- The probabilities associated with each of these values.
expectation formula
The expectation formula, also known as the expected value or mean of a random variable, gives us a measure of the central tendency of that random variable. For a discrete random variable, it's calculated using:
\[ E(X) = \sum_x x \cdot P(X=x) \] This formula might look complicated, but it's quite straightforward. It simply sums up the products of each possible value the variable can take (like 0, 1, or 2 in our example) and its respective probability. Here's a step-by-step of how we use this formula in our solution:
\[ E(X) = \sum_x x \cdot P(X=x) \] This formula might look complicated, but it's quite straightforward. It simply sums up the products of each possible value the variable can take (like 0, 1, or 2 in our example) and its respective probability. Here's a step-by-step of how we use this formula in our solution:
- Step 1: List out all values X can take.
- Step 2: Identify the probability for each value.
- Step 3: Multiply each value by its probability.
- Step 4: Add all those products together to get the expectation.
probability distribution
A probability distribution describes how the probabilities are distributed over the values of a random variable. For a discrete random variable, its probability distribution specifies each possible value the variable can take and the probability that it takes each value.
It is often presented in a list or a formula format, and in our exercise, it looks like this:
\[ \begin{aligned} P(X=0) &= 0.2 \ P(X=1) &= 0.3 \ P(X=2) &= 0.5 \end{aligned} \] Understanding the probability distribution is crucial because:
It is often presented in a list or a formula format, and in our exercise, it looks like this:
\[ \begin{aligned} P(X=0) &= 0.2 \ P(X=1) &= 0.3 \ P(X=2) &= 0.5 \end{aligned} \] Understanding the probability distribution is crucial because:
- It informs us of all possible outcomes for the variable.
- It gives us their respective probabilities, which we need for calculations like the expectation.