Expected Value

Expected Value

9th - 12th Grade

9 Qs

quiz-placeholder

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Expected Value

Expected Value

Assessment

Quiz

Mathematics

9th - 12th Grade

Medium

CCSS
HSS.MD.A.3, HSS.MD.A.2, HSS.MD.B.5

+3

Standards-aligned

Created by

SAM BURGESON

Used 60+ times

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9 questions

Show all answers

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(X)     0.1         0.3      0.6

14
4.67
5
7.5

Tags

CCSS.HSS.MD.A.2

CCSS.HSS.MD.A.3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the expected value is negative, are you expected to win?

yes
no

Tags

CCSS.HSS.MD.A.2

CCSS.HSS.MD.A.3

CCSS.HSS.MD.B.5

3.

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

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

Find the mean (expected value) of the probability distribution.

85

83.2

87.1

84.4

Tags

CCSS.HSS.MD.A.2

CCSS.HSS.MD.A.3

CCSS.HSS.MD.A.4

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Yes, because all of the probabilities are between 0 and 1 inclusive and the sum of all the probabilities is 1.
No, all probabilities are not be between 0 and 1 inclusive
No, the sum of all the probabilities is not 1.
Yes, because the distribution is symmetric

Tags

CCSS.HSS.MD.A.1

CCSS.HSS.MD.A.3

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

Yes, because all of the probabilities are between 0 and 1 inclusive and the sum of all the probabilities is 1.
No, all probabilities are not be between 0 and 1 inclusive
No, the sum of all the probabilities is not 1.
Yes, because the distribution is symmetric

Tags

CCSS.HSS.MD.A.1

CCSS.HSS.MD.A.3

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

Yes, because all of the probabilities are between 0 and 1 inclusive and the sum of all the probabilities is 1.
No, all probabilities are not be between 0 and 1 inclusive
No, the sum of all the probabilities is not 1.
Yes, because the distribution is symmetric

Tags

CCSS.HSS.MD.A.1

CCSS.HSS.MD.A.3

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The table above shows the number of cell phones per household in a small town. Find the mean round to the nearest hundredth.

2.80

2.93

0.10

0.14

Tags

CCSS.HSS.IC.B.4

CCSS.HSS.MD.A.2

CCSS.HSS.MD.A.3

9.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

A stockbroker estimates that at the end of the year, there is a 40% chance a stock will be worth $50, a 35% chance it will be worth $60 and a 25% chance it will be worth $70.
What expected value does this broker assign to this stock's end-of-the-year price?

$58.50
$60.00
$62.50
$65.00

Tags

CCSS.HSS.MD.A.2

CCSS.HSS.MD.A.3

CCSS.HSS.MD.B.5