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11/18 Expected Value (M4)

Authored by Jennifer McClure

Mathematics

9th Grade - University

CCSS covered

Used 18+ times

11/18 Expected Value  (M4)
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25 questions

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1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Given the probability model in the table below, what is the expected value of the random variable?

X = 50, 20, 5

P(50) = 0.1 P(20) = 0.3 P(5) =0.6

14

4.67

5

7.5

Tags

CCSS.HSS.MD.A.2

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Eva flips a coin. If she gets heads, she wins $4. If she gets tails, she loses $3. What is her expected value of a coin flip?

$1

$0.50

-$0.50

$0

Tags

CCSS.HSS.MD.A.2

CCSS.HSS.MD.A.3

CCSS.HSS.MD.B.5

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Suppose you buy a ticket for $6 out of a lottery of 1000 tickets where the prize for the one winning is to be $800. How much money do you take home (after paying for the ticket) if you win?

$800

-$6.50

-$6

-$5.20

Tags

CCSS.HSS.MD.B.5A

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Suppose you pay $1.00 to roll a fair die with the understanding you will get $3.00 back rolling a 4 or a 2, and nothing otherwise. Is this a fair game?

yes

no

Tags

CCSS.HSS.CP.A.1

CCSS.HSS.CP.B.7

CCSS.HSS.MD.B.6

CCSS.HSS.MD.B.7

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

Choose an American household at random. What is the expected number of cars for that household?

1.75

1.84

2.00

2.50

Tags

CCSS.HSS.MD.A.2

6.

MULTIPLE CHOICE QUESTION

3 mins • 12 pts

In a certain community, 30% of households have 1 child, 43% have 2 children, and 27% have 3 children. If a household is selected at random, what is the expected number of children in that household? HINT: A Probability table may be helpful.

2.00
2.13
1.97
1.27

Tags

CCSS.HSS.MD.A.2

CCSS.HSS.MD.A.3

CCSS.HSS.MD.B.5

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

Find the expected value. READ CAREFULLY!

4.5
25.5
3.825
6.52

Tags

CCSS.HSS.MD.A.2

CCSS.HSS.MD.A.3

CCSS.HSS.MD.B.5

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