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Mean and Variance of Discrete Random Variable

The document discusses the mean and variance of discrete random variables. It defines the mean as the sum of the products of each possible value of a random variable and its probability. The variance measures how far values are from the mean and is calculated as the sum of the squared differences between each value and the mean, weighted by its probability. Examples are provided to demonstrate calculating the mean and variance of distributions and interpreting the results.

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Jolina Gabayno
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133 views15 pages

Mean and Variance of Discrete Random Variable

The document discusses the mean and variance of discrete random variables. It defines the mean as the sum of the products of each possible value of a random variable and its probability. The variance measures how far values are from the mean and is calculated as the sum of the squared differences between each value and the mean, weighted by its probability. Examples are provided to demonstrate calculating the mean and variance of distributions and interpreting the results.

Uploaded by

Jolina Gabayno
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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Mean and Variance of Discrete Random

Variable
Paul Jorel R. Santos
• illustrate the mean and
variance of a discrete
random variable;
• calculate the mean and
the variance of a
Objectives discrete random
variable;

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• interpret the mean and
the variance of a
discrete random
variable; and
• solve problems
Objectives involving mean and
variance of probability
distributions.
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Expected Value or
Mean Value

is the sum of the products


of each possible value of
a random variable and the
value’s probability.
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Expected Value or
Mean Value

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Variance
The variance of a random variable displays the
variability or the dispersions of the random variables.
It shows the distance of a random variable from its
mean.

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Variance

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Example 1
Mr. Umali, a Mathematics teacher, regularly gives
a formative assessment composed of 5 multiple-
choice items. After the assessment, he used to
check the probability distribution of the correct
responses.

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𝜇𝑥=∑ 𝑋∙ 𝑃 ( 𝑋 ) Data 𝑽𝒂𝒓 ( 𝑿 ) =∑ ( 𝑿 −𝝁𝒙 ) ∙ 𝑷 ( 𝑿
𝟐

0 0.03 0 -3.41 11.6281 0.3488


1 0.05 0.05 -2.41 5.8081 0.2904
2 0.12 0.24 -1.41 1.9881 0.2386
3 0.30 0.90 -0.41 0.1681 0.0504
4 0.28 1.12 0.59 0.3481 0.0975
5 0.22 1.10 1.59 2.5281 0.5562
Total 1
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Variance

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𝜇𝑥=∑ 𝑋∙ 𝑃 ( 𝑋 ) Data 𝑉𝑎𝑟 ( 𝑋 )=∑ ( 𝑥 P ( X ) ) −𝜇𝑥
2 2

0 0.03 0 0
1 0.05 0.05 0.05 ( )
𝑉𝑎𝑟 𝑋 =13.21 −(3.41)
𝟐

2 0.12 0.24 0.48


3 0.30 0.90 2.7
4 0.28 1.12 4.48 𝑉𝑎𝑟 ( 𝑋 ) =1.58
5 0.22 1.10 5.5
Total 1
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Game of Chance

A roulette wheel in a fiesta carnival has the numbers 1 through


30. If you bet Php 5.00, you will have a chance to win a prepaid
load worth Php 100.00. Let X denote the net gain for a bet.
Complete the table showing the probability distribution of X:

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Game of Chance

A roulette wheel in a fiesta carnival has the numbers 1 through


30. If you bet Php 5.00, you will have a chance to win a prepaid
load worth Php 100.00. Let X denote the net gain for a bet.
Find the expectation if you play a bet and interpret the
result

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Thank you
Paul Jorel R. Santos
[email protected]
www.pauljorelsantos.weebly.com

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