Chapter 4: Q.4.10 (page 163)
Letbe the winnings of a gambler. Let and suppose that
Compute the conditional probability that the gambler wins given that he wins a positive amount.
Short Answer
The probabilities are:
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Chapter 4: Q.4.10 (page 163)
Letbe the winnings of a gambler. Let and suppose that
Compute the conditional probability that the gambler wins given that he wins a positive amount.
The probabilities are:
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Let be a negative binomial random variable with parameters and , and let be a binomial random variable with parameters and . Show that
Hint: Either one could attempt an analytical proof of the preceding equation, which is equivalent to proving the identity
or one could attempt a proof that uses the probabilistic interpretation of these random variables. That is, in the latter case, start by considering a sequence of independent trials having a common probability p of success. Then try to express the events to express the events and in terms of the outcomes of this sequence.
Suppose that the distribution function of X given by
(a) Find .
(b) Find .
Suppose that takes on one of the valuesand. If for some constant, find
Suppose that the number of events that occur in a specified time is a Poisson random variable with parameter . If each event is counted with probability , independently of every other event, show that the number of events that are counted is a Poisson random variable with parameter . Also, give an intuitive argument as to why this should be so. As an application of the preceding result, suppose that the number of distinct uranium deposits in a given area is a Poisson random variable with parameter . If, in a fixed period of time, each deposit is discovered independently with probability , find the probability that
(a) exactly ,
(b) at least , and
(c) at most deposit is discovered during that time.
Repeat Example when the balls are selected with replacement.
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