Stats 2
Stats 2
Variable
Statistics and Probability
Mean of Discrete Random
Variable
GOALS
1) Calculates the mean of a discrete random
variable.
2) Interprets the mean of a discrete random
variable.
3) Solves problems on expected values.
Formula
Mean of Discrete Probability
Random Variable
The mean equals the sum of all values of X times their probabilities
Example 1
In rolling an unbiased die, what is the average number of
spots that would appear? To answer this let us follow the
following steps:
Step 1: Identify all possible Step 2: Determine the Step 3: Multiply each
outcomes. probability of each outcome value with its
possible outcome. respective probability.
Number of Spots (𝐗) Probability 𝐏(𝐗) 𝐗 ∙ 𝐏(𝐗)
1
1 6
1
6
1 2
2 6 6
1 3
3 6 6
1 4
4 6 6
1 5
5 6 6
6
6 1
6 6
𝜇 𝑋 =∑¿
𝑿 ∙ 𝑷 ( 𝑿)
21
3.5
¿
6
Step 5: Interpret the result.
Note: The mean of random variable X is also referred to as the expected value, denoted
by
Example 4
Suppose you buy one ticket for ₱1.00 out of a lottery of 1,000
tickets where the prize for the one winning ticket is to be ₱500.
What are your expected winnings? Is this game fair? Why?
Example 4
Suppose you buy one ticket for ₱1.00 out of a lottery of 1,000
tickets where the prize for the one winning ticket is to be ₱500.
What are your expected winnings? Is this game fair? Why?
X 499 Note: Properties of the Probabilities of
(lose) (win) Discrete Random Variables
* The sum of all the probabilities is
P(X) equal to 1
+ =
= 𝑋1 ∙ 𝑃(𝑋1 ) + 𝑋2 ∙ 𝑃(𝑋2 )
𝐸[ 𝑋 ] = ∑ 𝑋𝑖 ∙ 𝑃( 𝑋𝑖 )
= - 1 ( + 499
= - 1 ( + 499
= + =
=
Example 4
Suppose you buy one ticket for ₱1.00 out of a lottery of 1,000
tickets where the prize for the one winning ticket is to be ₱500.
What are your expected winnings? Is this game fair? Why?
X 499 Note: Properties of the Probabilities of
(lose) (win) Discrete Random Variables
* The sum of all the probabilities is
P(X) equal to 1
+ =
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