Expected Value - Revisited

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Transcription:

Expected Value - Revisited An experiment is a Bernoulli Trial if: there are two outcomes (success and failure), the probability of success, p, is always the same, the trials are independent.

Expected Value - Revisited An experiment is a Bernoulli Trial if: there are two outcomes (success and failure), the probability of success, p, is always the same, the trials are independent. The probability of failure is

Expected Value - Revisited An experiment is a Bernoulli Trial if: there are two outcomes (success and failure), the probability of success, p, is always the same, the trials are independent. The probability of failure is 1 p. Suppose we repeat a Bernoulli trial n times.

Expected Value - Revisited An experiment is a Bernoulli Trial if: there are two outcomes (success and failure), the probability of success, p, is always the same, the trials are independent. The probability of failure is 1 p. Suppose we repeat a Bernoulli trial n times. How many successes do we expect to get? (what is the expected value, µ?)

Expected Value - Revisited An experiment is a Bernoulli Trial if: there are two outcomes (success and failure), the probability of success, p, is always the same, the trials are independent. The probability of failure is 1 p. Suppose we repeat a Bernoulli trial n times. How many successes do we expect to get? (what is the expected value, µ?) How much variance is there (σ 2 ), in the expected number of successes?

Flipping a Coin Toss a coin 6 times, and count the number of heads.

Flipping a Coin Toss a coin 6 times, and count the number of heads. We are repeating a Bernoulli trial 6 times.

Flipping a Coin Toss a coin 6 times, and count the number of heads. We are repeating a Bernoulli trial 6 times. # of heads 0 1 2 3 4 5 6 1 6 15 20 15 6 1 probability 64 64 64 64 64 64 64

Flipping a Coin Toss a coin 6 times, and count the number of heads. We are repeating a Bernoulli trial 6 times. # of heads 0 1 2 3 4 5 6 1 6 15 20 15 6 1 probability 64 64 64 64 64 64 64 The expected value is: µ = 0 1 64 + 1 6 64 + + 6 1 64 = 3.

Flipping a Coin Toss a coin 6 times, and count the number of heads. We are repeating a Bernoulli trial 6 times. # of heads 0 1 2 3 4 5 6 1 6 15 20 15 6 1 probability 64 64 64 64 64 64 64 The expected value is: µ = 0 The variance is: σ 2 = (0 3) 2 1 64 + 1 6 64 + + 6 1 64 = 3. 1 64 + (1 3)2 1 64 + + (6 1)2 1 64 = 3 2.

Expected Value and Variance We want better formulas.

Expected Value and Variance We want better formulas. In n Bernoulli trials with success probability p, we have:

Expected Value and Variance We want better formulas. In n Bernoulli trials with success probability p, we have: µ = np.

Expected Value and Variance We want better formulas. In n Bernoulli trials with success probability p, we have: µ = np. σ 2 = np(1 p).

The Drake Equation How many civilizations do we expect in the galaxy?

The Drake Equation How many civilizations do we expect in the galaxy? We can view this as a Bernoulli trial, by looking at each star.

The Drake Equation How many civilizations do we expect in the galaxy? We can view this as a Bernoulli trial, by looking at each star. n is 300 billion.

The Drake Equation How many civilizations do we expect in the galaxy? We can view this as a Bernoulli trial, by looking at each star. n is 300 billion. Want p.

The Drake Equation The Drake Equation is roughly: p = p planet p life p intelligence p civilization.

The Drake Equation The Drake Equation is roughly: p = p planet p life p intelligence p civilization. p planet is the probability that a star has an orbiting planet.

The Drake Equation The Drake Equation is roughly: p = p planet p life p intelligence p civilization. p planet is the probability that a star has an orbiting planet. plife is the probability that a planet is capable of sustaining life.

The Drake Equation The Drake Equation is roughly: p = p planet p life p intelligence p civilization. p planet is the probability that a star has an orbiting planet. plife is the probability that a planet is capable of sustaining life. pintelligence is the probability that the planet sustains intelligent life.

The Drake Equation The Drake Equation is roughly: p = p planet p life p intelligence p civilization. p planet is the probability that a star has an orbiting planet. plife is the probability that a planet is capable of sustaining life. pintelligence is the probability that the planet sustains intelligent life. pcivilization is the probability that an intelligent species develops a civilization.

The Drake Equation We know p planet 1.

The Drake Equation We know p planet 1. Have to make educated guesses for the other probabilities.

The Drake Equation We know p planet 1. Have to make educated guesses for the other probabilities. Estimates are: plife =.13 pintelligence = 1 pcivilization =.2

The Drake Equation We know p planet 1. Have to make educated guesses for the other probabilities. Estimates are: plife =.13 pintelligence = 1 pcivilization =.2 So p =.026.

The Drake Equation We know p planet 1. Have to make educated guesses for the other probabilities. Estimates are: plife =.13 pintelligence = 1 pcivilization =.2 So p =.026. So µ is approximately 7.8 billion.

Complaints? Criticisms:

Complaints? Criticisms: Civilizations don t last forever (need more complicated equation).

Complaints? Criticisms: Civilizations don t last forever (need more complicated equation). Multiplying probabilities

Complaints? Criticisms: Civilizations don t last forever (need more complicated equation). Multiplying probabilities We don t really know plife, p intelligence, and p civilization.

Flipping a Coin Going back to flipping a coin 6 times.

Flipping a Coin Going back to flipping a coin 6 times. Plot the probabilities of getting k heads,

Flipping a Coin Going back to flipping a coin 6 times. Plot the probabilities of getting k heads, and 1 σ 2π (x µ) 2 e 2σ 2

Flipping a Coin

Flipping a Coin Now flip a coin 20 times.

Flipping a Coin Now flip a coin 20 times. What is µ?

Flipping a Coin Now flip a coin 20 times. What is µ? What is σ 2?

Flipping a Coin Now flip a coin 20 times. What is µ? What is σ 2? Plot the probabilities of getting k heads, and 1 σ 2π (x µ) 2 e 2σ 2

Flipping a Coin

Flipping a Coin Moral: when n gets large, the distribution of the number of successes looks like a bell-shaped curve.

Flipping a Coin Moral: when n gets large, the distribution of the number of successes looks like a bell-shaped curve. Where is the curve centered at?

Flipping a Coin Moral: when n gets large, the distribution of the number of successes looks like a bell-shaped curve. Where is the curve centered at? The standard deviation/variance measures how wide the curve is.

Flipping a Coin Moral: when n gets large, the distribution of the number of successes looks like a bell-shaped curve. Where is the curve centered at? The standard deviation/variance measures how wide the curve is. The area under the curve is always 1.

Normal Distributions If a certain variable is distributed as a bell-shaped curve, we say that the variable follows a normal distribution.

Normal Distributions If a certain variable is distributed as a bell-shaped curve, we say that the variable follows a normal distribution. Examples: Bernoulli trials, heights of people, IQ scores, light bulb lifetimes...

Normal Distributions If a certain variable is distributed as a bell-shaped curve, we say that the variable follows a normal distribution. Examples: Bernoulli trials, heights of people, IQ scores, light bulb lifetimes... We need to know 2 numbers to describe the normal distribution:

Normal Distributions If a certain variable is distributed as a bell-shaped curve, we say that the variable follows a normal distribution. Examples: Bernoulli trials, heights of people, IQ scores, light bulb lifetimes... We need to know 2 numbers to describe the normal distribution: µ: the mean, where the curve is centered. σ: the standard deviation, which specifies how spread out the bell is.