PROBABILITY DISTRIBUTIONS
Probability Distribution Suppose we toss a fair coin 3 times. What is the sample space? What is the probability for each possible outcome? Now let’s define X = number of heads obtained. Value:0123 Probability:
What is the probability that we get at least one head in three tosses of the coin?
Apgar Scores: babies’ health at birth In 1952, Dr. Virginia Apgar suggested five criteria for measuring a baby’s health at birth: skin color, heart rate, muscle tone, breathing, and response when stimulated. She developed a scale to rate a newborn on each of the five criteria. Babies are usually tested at one minute after birth and again at five minutes after birth. A baby’s Apgar scores is the sum of the ratings on each of the five scales, which gives a whole number value from 0 to 10. Doctors decided that Apgar scores from 7 to 10 indicate a healthy baby. What is the probability that a randomly selected baby is healthy? Value: Probability
Expected Value On a roulette wheel, there are 38 slots numbered 1 through 36, plus 0 and 00. Half of the slots from 1 to 26 are red; the other half are black. Both the 0 and 00 slots are green. A player can place a simple $1 bet on either red or black. If the ball lands in a slot of that color, the player gets the original dollar back, plus an additional dollar for winning the bet. If the ball lands in a different colored slot, the player loses the dollar bet to the casino. What is the player’s average gain?
Expected Value Found by multiplying each possible value of the variable by its probability and then summing over all possible outcomes.
Household Size According to the Census Bureau, the number of people X in a randomly selected U.S. household follows the probability distribution given in the table below: Calculate the P(X>2) Find the expected value of X and explain what it tells you. Number of people x: Probability: