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Discrete random variables

Practice section 2 of 7

Questions 7–12 in this collection

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Worked example · 3 of 6

Find the expected commission

A salesperson for a medical device company has two appointments. He believes the first has a 70% chance of a deal paying 1,000 dollars commission, and the second a 40% chance of a deal paying 1,500 dollars. Assume the appointment results are independent. What is his expected commission based on these beliefs?

CJC · Lecture · Example 9

Solution

Worked example · 4 of 6

Calculate expected car-wash earnings

Let XX be the number of cars passing through a car wash between 4:00 pm and 5:00 pm on a sunny Friday, with probability distribution

xx456789
P(X=x)P(X=x)1/121/121/121/121/41/41/41/41/61/61/61/6

The manager pays the attendant Y=2X−1Y=2X-1 dollars. Find the attendant’s expected earnings for this time period.

CJC · Lecture · Example 10

Solution

Worked example · 6 of 6

Normalize a symmetric law and average an absolute distance

The discrete random variable XX has probability function

P(X=x)={k(2−x),x=0,1,2,k(x−2),x=3,4,0,otherwise,P(X=x)=\begin{cases}k(2-x),&x=0,1,2,\\k(x-2),&x=3,4,\\0,&\text{otherwise},\end{cases}

where k>0k>0. (i) Show that k=1/6k=1/6 and state E(X)E(X). (ii) Find E(∣X−2∣)E(|X-2|). (iii) Find Var⁡(X)\operatorname{Var}(X).

[2006/IJC/II/23]

CJC · Lecture · Example 12

Solution

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