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Consider a binomial experiment with \(n=10\) and \(p=.10\). a. Compute \(f(0)\). b. Compute \(f(2)\). c. Compute \(P(x \leq 2)\). d. Compute \(P(x \geq 1)\). e. Compute \(E(x)\). f. Compute \(\operatorname{Var}(x)\) and \(\sigma\) .

Short Answer

Expert verified
a) 0.3487 b) 0.1937 c) 0.9298 d) 0.6513 e) 1 f) Variance = 0.9, Standard deviation = 0.9487

Step by step solution

01

Understanding the Binomial Distribution

A binomial experiment consists of a fixed number of independent trials, each resulting in a success with probability \( p \) and a failure with probability \( 1-p \). Here, we have \( n=10 \) trials with a probability of success \( p=0.10 \). The probability of observing \( x \) successes is given by the formula \( f(x) = \binom{n}{x} p^x (1-p)^{n-x} \).
02

Compute f(0)

Substitute \( x=0 \) in the probability formula: \[f(0) = \binom{10}{0} (0.10)^0 (0.90)^{10} = 1 \cdot 1 \cdot (0.90)^{10} \approx 0.3487\]
03

Compute f(2)

Substitute \( x=2 \) in the probability formula: \[f(2) = \binom{10}{2} (0.10)^2 (0.90)^8 = 45 \cdot 0.01 \cdot 0.43047 \approx 0.1937\]
04

Compute P(x ≤ 2)

Calculate the cumulative probability for \( x=0 \), \( x=1 \), and \( x=2 \):\[P(x \leq 2) = f(0) + f(1) + f(2)\]First, find \( f(1) \):\[f(1) = \binom{10}{1} (0.10)^1 (0.90)^9 = 10 \cdot 0.10 \cdot 0.38742 \approx 0.3874\]Now,\[P(x \leq 2) = 0.3487 + 0.3874 + 0.1937 \approx 0.9298\]
05

Compute P(x ≥ 1)

This is the complement of \( P(x = 0) \):\[P(x \geq 1) = 1 - P(x = 0) = 1 - 0.3487 = 0.6513\]
06

Compute E(x)

The expected value of a binomial distribution is calculated by \[E(x) = n \cdot p = 10 \cdot 0.10 = 1\]
07

Compute Var(x) and σ

The variance of a binomial distribution is \[\operatorname{Var}(x) = n \cdot p \cdot (1-p) = 10 \cdot 0.10 \cdot 0.90 = 0.9\]The standard deviation is the square root of the variance:\[\sigma = \sqrt{\operatorname{Var}(x)} = \sqrt{0.9} \approx 0.9487\]

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Key Concepts

These are the key concepts you need to understand to accurately answer the question.

Probability
In a binomial distribution, probability is at the heart of the calculation. Here, we're interested in finding the probability of certain numbers of successes in a fixed number of trials. This involves the concept of discrete events, where outcomes are clearly defined as either success or failure.

The general formula for finding the probability of exactly \( x \) successes in \( n \) trials (with each trial having a success probability \( p \)) is given by: \[ f(x) = \binom{n}{x} p^x (1-p)^{n-x} \] This formula combines:
  • \( \binom{n}{x} \) - the number of combinations of \( n \) trials taken \( x \) at a time
  • \( p^x \) - the probability of \( x \) successes
  • \( (1-p)^{n-x} \) - the probability of \( n-x \) failures
In our original exercise with \( n = 10 \) and \( p = 0.10 \), probabilities were calculated for different scenarios such as no success (\( f(0) \)) or two successes (\( f(2) \)). Whether calculating exactly one outcome or a range of outcomes, mastering this formula allows you to determine specific probabilities.
Expected Value
The expected value, often denoted as \( E(x) \), provides a measure of the center or average outcome of a binomial distribution. It's like saying, "Given the probabilities, what's the most likely number of successes I should expect on average over many trials?"

For a binomial distribution, the expected value is calculated using the simple formula: \[ E(x) = n \cdot p \] This formula depends on:
  • \( n \) - the total number of trials
  • \( p \) - the probability of success in each trial
In our case study, with \( n = 10 \) and \( p = 0.10 \), we computed \( E(x) = 1 \). This means that over the long term, or across many sets of 10 trials, you could expect about 1 success per set.

This concept is crucial for planning and predicting outcomes in probabilistic scenarios.
Variance
Variance is a key measure that tells us how much the results of a binomial experiment might vary from its expected value. It's essentially calculating the spread or variability of possible outcomes.

The formula for variance in a binomial distribution is: \[ \text{Var}(x) = n \cdot p \cdot (1-p) \] Here,
  • \( n \) counts the total number of trials.
  • \( p \) is the probability of success on each trial.
  • \( 1-p \) is the probability of failure.
In the given problem with \( n = 10 \) and \( p = 0.10 \), the variance was calculated as 0.9.

This low variance suggests that the number of successes doesn't vary widely from the expected value, reflecting a tightly clustered distribution around the mean of 1 success.

Understanding variance aids in assessing the reliability and consistency of results.
Standard Deviation
The standard deviation provides another perspective on the variability of a binomial distribution. It's simply the square root of the variance and serves to give variability a more interpretable unit, similar to the trials' original units.

The formula for standard deviation is: \[ \sigma = \sqrt{\text{Var}(x)} \] In this problem's scenario, where \( \text{Var}(x) = 0.9 \), the standard deviation (\( \sigma \)) is calculated as approximately 0.9487.

This value helps us to understand the typical distance of data points from the mean. A smaller standard deviation suggests that the number of successes is generally close to the expected value of one success.

Thus, the standard deviation is an invaluable tool for understanding how outcomes are distributed and can be used to make inferences about results under uncertainty.

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Most popular questions from this chapter

To perform a certain type of blood analysis, lab technicians must perform two procedures. The first procedure requires either one or two separate steps, and the second procedure requires either one, two, or three steps. a. List the experimental outcomes associated with performing the blood analysis. b. If the random variable of interest is the total number of steps required to do the complete analysis (both procedures), show what value the random variable will assume for each of the experimental outcomes.

In a survey conducted by the Gallup Organization, respondents were asked, "What is your favorite sport to watch?" Football and basketball ranked number one and two in terms of preference (http://www.gallup.com, January 3, 2004). Assume that in a group of 10 individuals, seven preferred football and three preferred basketball. A random sample of three of these individuals is selected. a. What is the probability that exactly two preferred football? b. What is the probability that the majority (either two or three) preferred football?

Many companies use a quality control technique called acceptance sampling to monitor incoming shipments of parts, raw materials, and so on. In the electronics industry, component parts are commonly shipped from suppliers in large lots. Inspection of a sample of \(n\) components can be viewed as the \(n\) trials of a binomial experiment. The outcome for each component tested (trial) will be that the component is classified as good or defective. Reynolds Electronics accepts a lot from a particular supplier if the defective components in the lot do not exceed \(1 \% .\) Suppose a random sample of five items from a recent shipment is tested. a. Assume that \(1 \%\) of the shipment is defective. Compute the probability that no items in the sample are defective. b. Assume that \(1 \%\) of the shipment is defective. Compute the probability that exactly one item in the sample is defective. c. What is the probability of observing one or more defective items in the sample if \(1 \%\) of the shipment is defective? d. Would you feel comfortable accepting the shipment if one item was found to be defective? Why or why not?

Airline passengers arrive randomly and independently at the passenger- screening facility at a major international airport. The mean arrival rate is 10 passengers per minute. a. Compute the probability of no arrivals in a one-minute period. b. Compute the probability that three or fewer passengers arrive in a one- minute period. c. Compute the probability of no arrivals in a 15 -second period. d. Compute the probability of at least one arrival in a 15 -second period.

The budgeting process for a midwestern college resulted in expense forecasts for the coming year (in \(\$$ millions) of \)\$ 9, \$ 10, \$ 11, \$ 12,\( and \)\$ 13 .\( Because the actual expenses are unknown, the following respective probabilities are assigned: \).3, .2, .25, .05,\( and \).2 .\( a. Show the probability distribution for the expense forecast. b. What is the expected value of the expense forecast for the coming year? c. What is the variance of the expense forecast for the coming year? d. If income projections for the year are estimated at \)\$ 12$ million, comment on the financial position of the college.

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