Question

(15 pts) Determine the missing value(s) that would make the following valid probability distributions.

f (x)-a + bx if 0 3 x <6. E(X) 2. Find a and b.

(25 pts) Determine the expectation, variance, standard deviation, and cumulative distribution function (c.d.f) for each of the following:

A random variable that represents the outcome of rolling two (fair) dice.

(10 pts) In a game, a player flips a coin three times. The player wins S3 for every head that turns up. The player must pay S5 to play the game. Let the random variable W represent the total winnings after playing the game. (a) Construct the pmf of W (b) Find the expectation and variance of W. (c) Would you play the game? Why or why not?

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Answer #1

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