Lesson 3 - Finding The Possible Values of A Random Variable
Lesson 3 - Finding The Possible Values of A Random Variable
EXAMPLE 1
Random Experiment: Suppose in a game where you bet 1 peso, you may gain 2 pesos, lose 1, or have
nothing in one turn.
Random Variable: X = amount in peso a player gets after two turns
Possible Values: ?
SOLUTION
STEPS SOLUTION
1. Determine the possible outcomes on
The possible outcomes for the first turn are 0, -1, and 2
the first turn.
Possible outcome combination for the second turn.
EXAMPLE 2
Random Experiment: A fair die is tossed. You win Php 50 of the result is “1 or 4”, you win Php 40 if the result
is “2 or 5” but otherwise you lose Php 60.
Random Variable: Let S = amount in peso a player gets after one turn
Possible Values: ?
STEPS SOLUTION
The possible outcomes for the first turn are:
1. Determine the possible outcomes on S={ }
the first turn.
EXAMPLE 3: Suppose two balls are drawn from a box containing two red balls, two green balls, and three
yellow balls without replacement. Let J be the random variable representing the number of green balls. Find
the value of J.
Possible Values: J = { 0, 1, 2 }
EXAMPLE 4: A jar contains three mints (M) and four toffees (T), and Archie selects four simultaneously
without looking and returning. If the random variable of interest (Y) is number of mints he selects. What are the
values of these possible outcomes?
Possible Values: Y = { 0, 1, 2, 3 }