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The \(n\) candidates for a job have been ranked 1,2 , \(3, \ldots, n\). Let \(X=\) the rank of a randomly selected candidate, so that \(X\) has pmf $$ p(x)= \begin{cases}1 / n & x=1,2,3, \ldots, n \\ 0 & \text { otherwise }\end{cases} $$ (this is called the discrete uniform distribution). Compute \(E(X)\) and \(V(X)\) using the shortcut formula.

Short Answer

Expert verified
\(E(X) = \frac{n+1}{2}\); \(V(X) = \frac{n^2 - 1}{12}\).

Step by step solution

01

Recognize the Problem Type

We are given a problem involving a discrete uniform distribution for the random variable \(X\), which represents the rank of a randomly selected candidate from a set of \(n\) candidates. We need to calculate the expected value \(E(X)\) and the variance \(V(X)\) using the shortcut formulas for a discrete uniform distribution.
02

Recall the Shortcut Formulas

For a discrete uniform distribution on integers from 1 to \(n\), the expected value is given by:\[ E(X) = \frac{n+1}{2} \]And the variance is given by:\[ V(X) = \frac{n^2 - 1}{12} \]
03

Compute the Expected Value

Substitute \(n\) into the formula for expected value:\[ E(X) = \frac{n+1}{2} \]
04

Compute the Variance

Substitute \(n\) into the formula for variance:\[ V(X) = \frac{n^2 - 1}{12} \]
05

Interpret the Results

The expected value \(E(X)\) represents the mean rank of the selected candidate, and the variance \(V(X)\) provides a measure of the spread of the ranks around the mean.

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Key Concepts

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

Expected Value
The expected value, also known as the mean, of a random variable provides a measure of its central tendency. In simpler terms, it's the average outcome you would expect if you could repeat an experiment infinitely. For a discrete uniform distribution, like the one we're exploring where you randomly select a rank from 1 to \(n\), each rank is equally likely. To find the expected value \(E(X)\) for a discrete uniform distribution, we use the formula: \[ E(X) = \frac{n+1}{2} \]This formula comes from summing all possible outcomes and dividing by the number of outcomes, thanks to the uniformity of the probabilities:* Each rank has a probability of \(\frac{1}{n}\) since there are \(n\) equally likely outcomes.* The result, \(\frac{n+1}{2}\), represents the average position or rank you'll get.Consider the case of 5 candidates:\( E(X) = \frac{5+1}{2} = 3 \). Here, 3 is the average rank across ample trials with 5 options.
Variance
Variance is a statistical concept that describes how much the values of a random variable differ from the expected value (the mean). It's a measure of the spread or dispersion within a set of numbers. For the random variable \(X\) with a discrete uniform distribution, the variance formula helps us understand how far, on average, our ranks are from the mean.The formula for the variance \(V(X)\) of a discrete uniform distribution is:\[ V(X) = \frac{n^2 - 1}{12} \]Here's how it works:
  • It squares the differences from the mean to prevent negative differences from cancelling out positive ones.
  • The term \(\frac{n^2 - 1}{12}\) effectively calculates this dispersion for a range of 1 to \(n\).
For example, for 5 candidates, the variance would be \( V(X) = \frac{5^2 - 1}{12} = \frac{24}{12} = 2 \). This indicates that ranks are typically about 2 units away from the expected value on average.
Probability Mass Function
The probability mass function (PMF) is crucial when dealing with discrete random variables, like ranks, because it tells us the probability of each individual outcome occurring. In a discrete uniform distribution, each outcome is equally likely.For this scenario where \(X\) represents the rank:\[ p(x) = \begin{cases}\frac{1}{n} & x = 1, 2, 3, \ldots, n \ 0 & \text{otherwise} \end{cases} \]This PMF specifies that the probability for each rank from 1 to \(n\) is \(\frac{1}{n}\).
  • \(p(x)\) is constant across all ranks as each candidate has an equal chance of being selected.
  • This uniform distribution ensures that every rank is equally probable, leading to our straightforward calculations for expected value and variance.
This equality of probability makes calculations manageable and signifies that no rank is given preferential treatment during selection.

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Most popular questions from this chapter

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