Discrete Random Variables: Homework is part of the collection col10555 written by Barbara Illowsky and Susan Dean Homework and provides a number of homework exercises related to Discrete Random Variables (binomial, geometric, hypergeometric and Poisson) with contributions from Roberta Bloom.
Suppose that you are offered the following “deal.” You roll a die. If you roll a 6, you win $10. If you roll a 4 or 5, you win $5. If you roll a 1, 2, or 3, you pay $6.
What are you ultimately interested in here (the value of the roll or the money you win)?
In words, define the Random Variable
.
List the values that
may take on.
Construct a PDF.
Over the long run of playing this game, what are your expected average winnings per game?
Based on numerical values, should you take the deal? Explain your decision in complete sentences.
A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The first investment, a software company, has a 10% chance of returning $5,000,000 profit, a 30% chance of returning $1,000,000 profit, and a 60% chance of losing the million dollars. The second company, a hardware company, has a 20% chance of returning $3,000,000 profit, a 40% chance of returning $1,000,000 profit, and a 40% chance of losing the million dollars. The third company, a biotech firm, has a 10% chance of returning $6,000,000 profit, a 70% of no profit or loss, and a 20% chance of losing the million dollars.
Construct a PDF for each investment.
Find the expected value for each investment.
Which is the safest investment? Why do you think so?
Which is the riskiest investment? Why do you think so?
Which investment has the highest expected return, on average?
A theater group holds a fund-raiser. It sells 100 raffle tickets for $5 apiece. Suppose you purchase 4 tickets. The prize is 2 passes to a Broadway show, worth a total of $150.
What are you interested in here?
In words, define the Random Variable
.
List the values that
may take on.
Construct a PDF.
If this fund-raiser is repeated often and you always purchase 4 tickets, what would be your expected average winnings per raffle?
Suppose that 20,000 married adults in the United States were randomly surveyed as to the number of children they have. The results are compiled and are used as theoretical probabilities. Let
= the number of children
0
0.10
1
0.20
2
0.30
3
4
0.10
5
0.05
6 (or more)
0.05
Find the probability that a married adult has 3 children.
In words, what does the expected value in this example represent?
Find the expected value.
Is it more likely that a married adult will have 2 – 3 children or 4 – 6 children? How do you know?
Bacteria doesn't produce energy they are dependent upon their substrate in case of lack of nutrients they are able to make spores which helps them to sustain in harsh environments
_Adnan
But not all bacteria make spores, l mean Eukaryotic cells have Mitochondria which acts as powerhouse for them, since bacteria don't have it, what is the substitution for it?
Assimilatory nitrate reduction is a process that occurs in some microorganisms, such as bacteria and archaea, in which nitrate (NO3-) is reduced to nitrite (NO2-), and then further reduced to ammonia (NH3).
Elkana
This process is called assimilatory nitrate reduction because the nitrogen that is produced is incorporated in the cells of microorganisms where it can be used in the synthesis of amino acids and other nitrogen products
There are nothing like emergency disease but there are some common medical emergency which can occur simultaneously like Bleeding,heart attack,Breathing difficulties,severe pain heart stock.Hope you will get my point .Have a nice day ❣️
_Adnan
define infection ,prevention and control
Innocent
I think infection prevention and control is the avoidance of all things we do that gives out break of infections and promotion of health practices that promote life