Exam 1 Review With Solutions Instructor: Brian Powers

Similar documents
Math , Fall 2012: HW 5 Solutions

Arkansas Tech University MATH 3513: Applied Statistics I Dr. Marcel B. Finan

BASICS OF PROBABILITY CHAPTER-1 CS6015-LINEAR ALGEBRA AND RANDOM PROCESSES

Math 151. Rumbos Fall Solutions to Review Problems for Exam 2. Pr(X = 1) = ) = Pr(X = 2) = Pr(X = 3) = p X. (k) =

STAT 414: Introduction to Probability Theory

Monty Hall Puzzle. Draw a tree diagram of possible choices (a possibility tree ) One for each strategy switch or no-switch

PRACTICE PROBLEMS FOR EXAM 2

Econ 371 Problem Set #1 Answer Sheet

STAT 418: Probability and Stochastic Processes

PRACTICE PROBLEMS FOR EXAM 1

CSC Discrete Math I, Spring Discrete Probability

Outline. Probability. Math 143. Department of Mathematics and Statistics Calvin College. Spring 2010

Carleton University. Final Examination Winter DURATION: 2 HOURS No. of students: 152

Example. What is the sample space for flipping a fair coin? Rolling a 6-sided die? Find the event E where E = {x x has exactly one head}

MATH 3510: PROBABILITY AND STATS July 1, 2011 FINAL EXAM

EECS 126 Probability and Random Processes University of California, Berkeley: Spring 2015 Abhay Parekh February 17, 2015.

SUMMARY OF PROBABILITY CONCEPTS SO FAR (SUPPLEMENT FOR MA416)

Exam III Review Math-132 (Sections 7.1, 7.2, 7.3, 7.4, 7.5, 7.6, 8.1, 8.2, 8.3)

Conditional Probability

18.05 Exam 1. Table of normal probabilities: The last page of the exam contains a table of standard normal cdf values.

the amount of the data corresponding to the subinterval the width of the subinterval e x2 to the left by 5 units results in another PDF g(x) = 1 π

2. Variance and Covariance: We will now derive some classic properties of variance and covariance. Assume real-valued random variables X and Y.

MATH1231 Algebra, 2017 Chapter 9: Probability and Statistics

Chapter 13, Probability from Applied Finite Mathematics by Rupinder Sekhon was developed by OpenStax College, licensed by Rice University, and is

Formalizing Probability. Choosing the Sample Space. Probability Measures

Probability Notes (A) , Fall 2010

Introduction to Probability, Fall 2009

Probability Theory. Introduction to Probability Theory. Principles of Counting Examples. Principles of Counting. Probability spaces.

What is a random variable

Polytechnic Institute of NYU MA 2212 MIDTERM Feb 12, 2009

Problems from Probability and Statistical Inference (9th ed.) by Hogg, Tanis and Zimmerman.

1 Preliminaries Sample Space and Events Interpretation of Probability... 13

Probability. Lecture Notes. Adolfo J. Rumbos

IEOR 3106: Introduction to Operations Research: Stochastic Models. Professor Whitt. SOLUTIONS to Homework Assignment 2

Properties of Probability

1 The Basic Counting Principles

IEOR 3106: Introduction to Operations Research: Stochastic Models. Professor Whitt. SOLUTIONS to Homework Assignment 1

Exercises in Probability Theory Paul Jung MA 485/585-1C Fall 2015 based on material of Nikolai Chernov

Exam 2 Review Math 118 Sections 1 and 2

Discrete Structures Prelim 1 Selected problems from past exams

Probability & Statistics - FALL 2008 FINAL EXAM

18.05 Practice Final Exam

Topic -2. Probability. Larson & Farber, Elementary Statistics: Picturing the World, 3e 1

With Question/Answer Animations. Chapter 7

STAT 31 Practice Midterm 2 Fall, 2005

Math 510 midterm 3 answers

Discrete Structures for Computer Science

STAT 430/510 Probability Lecture 7: Random Variable and Expectation

Probabilistic models

1 Probability Theory. 1.1 Introduction

Chapter 5 : Probability. Exercise Sheet. SHilal. 1 P a g e

Statistics and Econometrics I

Probability theory for Networks (Part 1) CS 249B: Science of Networks Week 02: Monday, 02/04/08 Daniel Bilar Wellesley College Spring 2008

STEP Support Programme. Statistics STEP Questions: Solutions

Math Fall 2010 Some Old Math 302 Exams There is always a danger when distributing old exams for a class that students will rely on them

Recitation 2: Probability

Single Maths B: Introduction to Probability

Homework 9 (due November 24, 2009)

18.05 Final Exam. Good luck! Name. No calculators. Number of problems 16 concept questions, 16 problems, 21 pages

Conditional probability

Problems and results for the ninth week Mathematics A3 for Civil Engineering students

CS 246 Review of Proof Techniques and Probability 01/14/19

Homework 2. Spring 2019 (Due Thursday February 7)

MAT 271E Probability and Statistics

Review of Probability. CS1538: Introduction to Simulations

Conditional Probability Solutions STAT-UB.0103 Statistics for Business Control and Regression Models

Notice how similar the answers are in i,ii,iii, and iv. Go back and modify your answers so that all the parts look almost identical.

Notes for Math 324, Part 20

YORK UNIVERSITY. Faculty of Science Department of Mathematics and Statistics MATH A Test #2 June 11, Solutions

Dept. of Linguistics, Indiana University Fall 2015

UNIT 5 ~ Probability: What Are the Chances? 1

Section 7.2 Definition of Probability

Chapter 2 Random Variables

IE 4521 Midterm #1. Prof. John Gunnar Carlsson. March 2, 2010

Probability, Conditional Probability and Bayes Rule IE231 - Lecture Notes 3 Mar 6, 2018

MAT2377. Ali Karimnezhad. Version September 9, Ali Karimnezhad

M378K In-Class Assignment #1

Preliminary Statistics Lecture 2: Probability Theory (Outline) prelimsoas.webs.com

University of California, Berkeley, Statistics 134: Concepts of Probability. Michael Lugo, Spring Exam 1

Class 26: review for final exam 18.05, Spring 2014

This does not cover everything on the final. Look at the posted practice problems for other topics.

ELEG 3143 Probability & Stochastic Process Ch. 1 Probability

Machine Learning: Homework Assignment 2 Solutions

ORF 245 Fundamentals of Statistics Chapter 5 Probability

Problem # Number of points 1 /20 2 /20 3 /20 4 /20 5 /20 6 /20 7 /20 8 /20 Total /150

HW1 (due 10/6/05): (from textbook) 1.2.3, 1.2.9, , , (extra credit) A fashionable country club has 100 members, 30 of whom are

STAT2201. Analysis of Engineering & Scientific Data. Unit 3

1. If X has density. cx 3 e x ), 0 x < 0, otherwise. Find the value of c that makes f a probability density. f(x) =

ECE 302, Final 3:20-5:20pm Mon. May 1, WTHR 160 or WTHR 172.

1 Random variables and distributions

The probability of an event is viewed as a numerical measure of the chance that the event will occur.

Class 8 Review Problems 18.05, Spring 2014

2 Chapter 2: Conditional Probability

k P (X = k)

Semester 2 Final Exam Review Guide for AMS I

7 Random samples and sampling distributions

Math 140 Introductory Statistics

HW MATH425/525 Lecture Notes 1

Review of Probability Theory

HW2 Solutions, for MATH441, STAT461, STAT561, due September 9th

Transcription:

Exam Review With Solutions Instructor: Brian Powers STAT 8, Spr5 Chapter. In how many ways can 5 different trees be planted in a row? 5P 5 = 5! =. ( How many subsets of S = {,,,..., } contain elements? ) = C =! = 99 = 95!98!. In how many ways can students be assigned into dorm A, 5 into dorm B and 5 )( into dorm C? 5 ) ( = ) =! 6! 5! ( )( 6 5 5,5,5 =!!6! 5!5! 5!!5!5!. How many ways can a president, a vice president and a person advisory committee be assigned from people? 9 (8 ) = 9 8 7 6 = 85 Chapter. If A and B are independent events with P (A) =.6 and P (B) =., find the following: (a) P (A B) (b) P (A B) (c) P (A B ) (d) P (A B) (e) P (B A ) (a) P (A B) = P (A) + P (B) P (A B) =.6 +. (.6)(.) =.7 (b) P (A B) = P (A )P (B) = ( P (A))P (B) = (.)(.) =. (c) P (A B ) = P (A ) + P (B ) P (A B ) =. +.7 (.)(.7) =.8 or P (A B ) = P ((A B) ) = P (A B) =.8 =.8. (d) P (A B) = P (A) =.6 (e) P (B A ) = P (B ) =.7. If A and B are mutually exclusive events with P (A) =.6 and P (B) =., find the following: (a) P (A B) (b) P (A B) (c) P (A B ) (d) P (A B) (e) P (B A ) (a) P (A B) = P (A) + P (B) P (A B) =.6 +. =.9 (b) P (A B) = P (B) =. (c) P (A B ) = P (A ) + P (B ) P (A B ) =. +.7. =. (d) P (A B) = P (A B)/P (B) = (e) P (B A ) = P (B A )/P (A ) =./. =.5. You have to pass through an obstacle course. The probabilities that you make a mistake on each of the obstacles is (respectively).,.,.5 and.5. You pass the course if you make no more than mistakes. What is the probability that you pass the course? Let A,B,C and D represent the events make a mistake on obstacle A and so forth. P (pass) = P (,, or mistakes) = P ( or mistakes).

P ( mistakes) = P (A B C D) = (.)(.)(.5)(.5) =.75 P ( mistakes) = P (A B C D) + P (A B C D) + P (A B C D) + P (A B C D ) = (.8)(.)(.5)(.5) + (.)(.7)(.5)(.5) + (.)(.)(.75)(.5) + (.)(.)(.5)(.5) =.775 So P (pass) = (.75 +.775) =.95. A random person has a probability of.6 of being a descendant of Ghengis Khan. A company advertises a blood test which can tell you if you are a descendant, and it is correct 99% of the time. If you take the test and it comes back negative, what is the probability you actually ARE descended from Ghengis? Let G be the event of being related to Ghengis Khan, Y be the event that the test comes back as a yes, and N be a no. We are told the following probabilities: P (G) =.6, P (Y G) =.99, P (N G ) =.99 which implies that P (N G) =. and P (Y G ) =.. P (G N). This can be found by the Bayes formula P (G N) = P (G N) P (N) = We are asked to find P (G)P (N G) P (G)P (N G) + P (G )P (N G ) = (.6)(.) (.6)(.) + (.6)(.99) This comes out to be about.565 or.565%. Not very likely. 5. Your new neighbors have children and you know at least one of them is a boy. You see one of them playing in the backyard and he is a boy - what is the probability the other child is a boy too? (Assume boys and girls are born with equal probability). It s important to realize that you don t know whether you are looking at the younger or older child. The children could have been born in the following ways: BB, BG, GB. We are excluding the possibility that the children were born GG, since we know that one of the kids is a boy. P ( boys at least boy) = P (BB)/P (BB BG GB) = / 6. My fear of animals depends on how many legs they have, given in the table below, along with the probability that a random encounter will have the given number of legs: # Legs 6 8 > 8 Probability of encounter.5.7..5.9. Probability of fear.5...6.8.9 If I encounter an animal and I am afraid of it, what is the probability that it had no legs? Let A be the event that I am afraid, and L the number of legs. You are asked for P (L = A) We want to use Bayes rule for this P (L = A) = P (L = )P (A L = ) P (L = l)p (A L = l) l

The numerator is (.5)(.5) =.5, the denominator is (.5)(.5) + (.7)(.) + (.)(.) + (.5)(.6) + (.9)(.8) +.()(.9) =.6 So our answer is P (L = A) =.5/.6.59. Chapter. A jar has 5 red and blue marbles. I pick a handful of marbles out. Let X be the number of red marbles in my hand. Find the pmf of X, find its expected value and its variance. The probability that you draw x red marbles is P (X = x) = ( 5C x )( C x ) 5C So the probability mass function is given by x f(x) ()()/65 = / (5)()/65 = /9 ()(5)/65 = /9 ()()/65 = /7 (5)()/65 = /7 The expected value is ( ) ( ) ( ) ( ) ( ) E(X) = + + + + = 9 9 7 7 Variance is calculated by V ar(x) = E(X ) E(X) ( ) ( ) = + 9.698 ( ) ( ) ( ) + + + 9 7 7 ( ). A 65 year old couple are considering a joint life insurance policy. The man has a probability of.9 of living at least 5 more years,.95 for the woman (and assume the event of either person dying is independent of the other). The insurance policy pays $, if one of them dies and $5, if both die during this time. What is a fair cost for this policy? Since their deaths are assumed to be independent, P (neither dies) = (.9)(.95) =.855 P (one dies) = P (only husband dies) + P (only wife dies) = (.)(.95) + (.9)(.5) =. P (both die) = (.)(.5) =.95 The payout is,, 5 respectively in the three cases. The payout is the value the random variable takes. So its expected value is E(X) = (.855) + (.) + 5(.95) = 85 So a fair price for the policy would be exactly $8,5, since that is the expected payout.

. The St. Petersburg Paradox The game is as follows: You pay $ to play. The pot starts at $. I flip a coin. If it is a tails you take the pot and the game is over. If it is heads then I double the pot and flip again. I keep flipping and doubling the pot until the coin comes up tails. What is the (net) expected value of the game? What if it costs $,, to play? The payouts of the game can be given in the following table: x f(x) = P (T ) = / = P (HT ) = (/) = P (HHT ) = (/) So the expected payout is E(X) = + + + = + + + = So even with a buy-in of $, or even $,,, the net expected value is infinite. But realistically, at a certain point (say quadrillion dollars, followed by 5 zeroes) the pot can t grow any larger since this is how much money is on earth. The pot grows after roughly flips of the coin ( = ). So it takes 5 flips for this to happen. If the game ends after 5 flips, then the expected payout is actually just $5, so it s not worth the buy-in.. Consider a random variable X which can take any positive integer value (i.e.,,,...). Its pmf is f(x) = c. x Find the value c, find its cdf, and calculate P (X < ). Try to find its expected value (tricky). To find the value of c, we solve the summation = x= c = c x x= ( The power series converges to = =, so c =. / P (X < ) = P (X = ) + P (X = ) + P (X = ) = + The expected value is Recall that E(X) = x= x x ) x + = 6. 6 6 6 + x + x + x + = d dx ( + x + x + x + ) = ( x) if < x <. In our case, x =, and the exponents are the variables. We want to re-express our expected value so it is in this form. E(X) = x= x x = This evaluates to. ( + ( ) + ( ) + ( ) ) + = ( ) ( /)

5. Determine k so that the following is a valid pdf for X: f(x) = k/ x, < x < Then find E(X), P (X < ), and V ar(x). We set the definite integral over the support equal to to find the value of k: So k = /. E(X) = E(X ) = = kx / dx = k x/ x/ dx = P (X < ) = x5/ dx = 5 x5/ = k 6 = 5 x / dx = 8 x8/ = 8 So V ar(x) = E(X ) E(X) =.6 =. 5 = x/ = k 8 = 5 5 = 768 8 = 8 5 =.6 = 8 = 6. The cdf of Y is given by y < F (y) = ln(y) y e x > e Find f(y), E(Y ) and V ar(y ). Find P (Y > ). E(Y ) = E(Y ) = f(y) = d dy F (y) = yf(y)dy = y f(y)dy = { y y e otherwise dy = y e = e ydy = y e = e So V ar(y ) = E(Y ) E(Y ) = e (e e + ) = e +e.. P (Y > ) = P (Y < ) = F () = ln() 7. If X and Y are independent, with µ X =, σx = 8, µ Y =, σ Y =, find the mean and variance of: (a) W = X 8Y (b) T = X + Y Note: I meant to write σy =, but we ll go with the typo. σ Y is the standard deviation of Y, so V ar(y ) =. E(W ) = E(X 8Y ) = E(X) 8E(Y ) = () 8( ) = + = 5 V ar(w ) = V ar(x 8Y ) = V ar(x)+( 8) V ar(y ) = 9(8)+6()=7+56=8 E(T ) = E(X + Y ) = E(X) + E(Y ) = = 7 V ar(t ) = V ar(x + Y ) = V ar(x) + V ar(y ) = 8 + =

8. Let X be the number of heads out of flips of a fair coin, let Y i be the ith roll of a 6-sided die. Find the mean and variance of: (a) X + Y (b)y Y (c) X + Y +.5 We need the pmf of X first. x f(x) ( = 6 ) ( = 6 6 ) ( = 6 6 6 ) = 6 6 ( ) 6 E(X) = ( ) + ( ) + ( 6 ) + ( ) + ( ) = +++ = 6 6 6 6 6 6 E(X ) = ( ) + 6 ( ) + 6 ( 6 ) + 6 ( ) + 6 ( ) = ++6+6 = 5 6 6 V ar(x) = E(X ) E(X) = 5 = E(Y i ) = ( ) + ( ) + ( ) + ( ) + 5( ) + 6( ) = =.5 6 6 6 6 6 6 6 E(Yi ) ( ) + 6 ( ) + 6 ( ) + 6 ( ) + 6 5 ( ) + 6 6 ( ) = ++9+6+5+6 = 9 6 6 6 V ar(y i ) = E(Yi ) E(Y ) = 9 = 8 = 6 6 6 (a) E(X + Y ) = E(X) + E(Y ) = +.5 = 5.5, V ar(x + Y ) = V ar(x) + V ar(y ) = 5 + = 8. (b) E(Y Y ) = E(Y ) E(Y ) =.5.5 =, V ar(y Y ) = V ar(y ) + ( ) V ar(y ) = + = 6 (c) E(X + Y +.5) = E(X) + E(Y ) +.5 = () + (.5) +.5 = 6., V ar(x + Y +.5) = V ar(x) + V ar(y ) = () + 9() + 8 =