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Expected value and Standard Deviation of a PDF

Total questions: 20

Worksheet time: 39mins

Name
Class
Date
1.
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
a)
14
b)
4.67
c)
5
d)
7.5
2.
A coin is flipped 3 times. If you get tails once you get $5, tails twice you get $15, and tails on all three flips you get $40. What is the expected amount of money you will get?
a)
$12.50
b)
$5
c)
$7.50
d)
$10
3.

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?

a)

$1

b)

$0.50

c)

-$0.50

d)

$0

4.

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

a)

85

b)

83.2

c)

87.1

d)

84.4

5.
Choose an American household at random. What is the expected number of cars for that household?
a)
1.75
b)
1.84
c)
2.00
d)
2.50
6.
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.
a)
2.00
b)
2.13
c)
1.97
d)
1.27
7.
A car dealer buys hybrids for $21,000 each and sells them for $24,500 each. Find his expected weekly profit.
a)
$2,380
b)
$5,355
c)
$8,109
d)
$37,485
8.

A fair, 6-sided dice is thrown 120 times.

Roughly how many times would you expect the number 5 to come up?

a)

6

b)

10

c)

12

d)

20

9.

Sam’s pencil case contains 3 red, 2 blue and 5 black pens.

He takes a pen out without looking then puts it back 500 times.

Roughly how many times would you expect him to pick up a blue pen?

a)

50

b)

100

c)

200

10.

The table shows the probability distribution of a fair six-sided die. Determine 𝐸(𝑋).

give your answer to 1 decimal place.



(a)  

11.

You roll a standard die. You win $12 if you roll a six, $6 if you roll a one, and $0 if you roll anything else. What is the expected value of a single roll?

a)

$3

b)

$18

c)

$9

d)

$2

12.

Calculate the standard deviation given the distribution in the picture;

(a)  

13.

You are playing a game by drawing a card from a standard deck and replacing it. If the card is a face card, you win $30. If it is not a face card, you pay $2. There are 12 face cards in a deck of 52 cards. What is the expected value of playing the game?

Write your answer to 2 decimal places. leave out the $

(a)  

14.

The function in the given table is a probability function of a discrete random variable 𝑋. Find the standard deviation of 𝑋. Give your answer to two decimal places.

(a)  

15.

The function in the given table is a probability function of a discrete random variable 𝑋. Given that the expected value of 𝑋 is 6.5, find the value of A.

(a)  

16.

13 students took an exam; 8 students got 6 marks, 3 students got 10 marks, and 2 students got 2 marks. Given that 𝑋 denotes the number of marks received, find the expected value of x. Write your answer to 2 decimal places.

(a)  

17.

13 students took an exam; 8 students got 6 marks, 3 students got 10 marks, and 2 students got 2 marks. Given that 𝑋 denotes the number of marks received, find the standard deviation of x. Write your answer to 2 decimal places.

(a)  

18.

Your friend shuffles a standard deck of cards and says to pick one. If you pick a face card (Jack, Queen, King of each suit) your friend will give you $10. If you pick anything else, you owe your friend $5. How much should you expect to win or lose by playing this game?

(Write the figure only to 2 decimal places, leave out the $)

(a)  

19.

A box contains 12 red, 20 green and 8 yellow sweets.

One is picked out at random then placed back 80 times.

Roughly how many times would you expect him to pick up a yellow sweet?

a)

8

b)

12

c)

16

d)

24

20.

Is this a probability distribution?

a)

No, the sum of p(x) does not equal 1.

b)

Yes, all p(x) are between 0 and 1.

c)

No, all p(x) are not between 0 and 1.

d)

Yes, the sum p(x) is 1.