Expectation Random Variables Graphs and Histograms Expected Value.

Slides:



Advertisements
Similar presentations
Introduction to Probability and Statistics Chapter 5 Discrete Distributions.
Advertisements

Sections 4.1 and 4.2 Overview Random Variables. PROBABILITY DISTRIBUTIONS This chapter will deal with the construction of probability distributions by.
Probability Densities
Probability Distributions Finite Random Variables.
Probability Distributions
Random Variables A Random Variable assigns a numerical value to all possible outcomes of a random experiment We do not consider the actual events but we.
Slide Slide 1 Copyright © 2007 Pearson Education, Inc Publishing as Pearson Addison-Wesley. Created by Tom Wegleitner, Centreville, Virginia Section 5-2.
Probability Distributions Random Variables: Finite and Continuous Distribution Functions Expected value April 3 – 10, 2003.
The Binomial Distribution. Introduction # correct TallyFrequencyP(experiment)P(theory) Mix the cards, select one & guess the type. Repeat 3 times.
Chapter 9 Introducing Probability - A bridge from Descriptive Statistics to Inferential Statistics.
5-2 Probability Distributions This section introduces the important concept of a probability distribution, which gives the probability for each value of.
1 1 Slide © 2016 Cengage Learning. All Rights Reserved. A random variable is a numerical description of the A random variable is a numerical description.
McGraw-Hill/IrwinCopyright © 2009 by The McGraw-Hill Companies, Inc. All Rights Reserved. Chapter 4 and 5 Probability and Discrete Random Variables.
7.1 Discrete and Continuous Random Variable.  Calculate the probability of a discrete random variable and display in a graph.  Calculate the probability.
1 Copyright © 2010, 2007, 2004 Pearson Education, Inc. All Rights Reserved. Random Variables  Random variable a variable (typically represented by x)
Copyright © 2010, 2007, 2004 Pearson Education, Inc. Review and Preview This chapter combines the methods of descriptive statistics presented in.
Section Copyright © 2014, 2012, 2010 Pearson Education, Inc. Lecture Slides Elementary Statistics Twelfth Edition and the Triola Statistics Series.
AP Statistics: Section 8.2 Geometric Probability.
Probability Distributions - Discrete Random Variables Outcomes and Events.
Probability The definition – probability of an Event Applies only to the special case when 1.The sample space has a finite no.of outcomes, and 2.Each.
Sullivan – Fundamentals of Statistics – 2 nd Edition – Chapter 11 Section 1 – Slide 1 of 34 Chapter 11 Section 1 Random Variables.
Applied Business Forecasting and Regression Analysis Review lecture 2 Randomness and Probability.
Chapter 7 Lesson 7.5 Random Variables and Probability Distributions
Discrete probability Business Statistics (BUSA 3101) Dr. Lari H. Arjomand
5.3 Random Variables  Random Variable  Discrete Random Variables  Continuous Random Variables  Normal Distributions as Probability Distributions 1.
4.1 Probability Distributions. Do you remember? Relative Frequency Histogram.
Random Variables. A random variable X is a real valued function defined on the sample space, X : S  R. The set { s  S : X ( s )  [ a, b ] is an event}.
Copyright © 2010, 2007, 2004 Pearson Education, Inc. Section 5-2 Random Variables.
2.1 Introduction In an experiment of chance, outcomes occur randomly. We often summarize the outcome from a random experiment by a simple number. Definition.
Random Variable. Random variable A random variable χ is a function (rule) that assigns a number to each outcome of a chance experiment. A function χ acts.
Lecture 8. Random variables Random variables and probability distributions Discrete random variables (Continuous random variables)
Sections 5.1 and 5.2 Review and Preview and Random Variables.
Random Variables Learn how to characterize the pattern of the distribution of values that a random variable may have, and how to use the pattern to find.
12/24/ Probability Distributions. 12/24/ Probability Distributions Random Variable – a variable whose values are numbers determined.
+ The Practice of Statistics, 4 th edition – For AP* STARNES, YATES, MOORE Chapter 6: Random Variables Section 6.1 Discrete and Continuous Random Variables.
Probability Distributions, Discrete Random Variables
Copyright © 2010, 2007, 2004 Pearson Education, Inc. All Rights Reserved. Section 5-1 Review and Preview.
Probability Theory Modelling random phenomena. Permutations the number of ways that you can order n objects is: n! = n(n-1)(n-2)(n-3)…(3)(2)(1) Definition:
AP STATISTICS Section 7.1 Random Variables. Objective: To be able to recognize discrete and continuous random variables and calculate probabilities using.
Random Variables A random variable is a rule that assigns exactly one value to each point in a sample space for an experiment. A random variable can be.
Section 7.1 Discrete and Continuous Random Variables
Lecture 6 Dustin Lueker.  Standardized measure of variation ◦ Idea  A standard deviation of 10 may indicate great variability or small variability,
1 Chapter 8 Random Variables and Probability Distributions IRandom Sampling A.Population 1.Population element 2.Sampling with and without replacement.
Lecture 7 Dustin Lueker.  Experiment ◦ Any activity from which an outcome, measurement, or other such result is obtained  Random (or Chance) Experiment.
Welcome to MM305 Unit 3 Seminar Prof Greg Probability Concepts and Applications.
MATH Section 3.1.
Section 6.3 Geometric Random Variables. Binomial and Geometric Random Variables Geometric Settings In a binomial setting, the number of trials n is fixed.
Probability Distribution. Probability Distributions: Overview To understand probability distributions, it is important to understand variables and random.
PROBABILITY DISTRIBUTIONS DISCRETE RANDOM VARIABLES OUTCOMES & EVENTS Mrs. Aldous & Mr. Thauvette IB DP SL Mathematics.
Random Variables Lecture Lecturer : FATEN AL-HUSSAIN.
Probability Distributions ( 확률분포 ) Chapter 5. 2 모든 가능한 ( 확률 ) 변수의 값에 대해 확률을 할당하는 체계 X 가 1, 2, …, 6 의 값을 가진다면 이 6 개 변수 값에 확률을 할당하는 함수 Definition.
Discrete Random Variables Section 6.1. Objectives Distinguish between discrete and continuous random variables Identify discrete probability distributions.
Section Discrete and Continuous Random Variables AP Statistics.
Chapter Five The Binomial Probability Distribution and Related Topics
Discrete Probability Distributions
Lecture Slides Elementary Statistics Eleventh Edition
Binomial and Geometric Random Variables
Discrete and Continuous Random Variables
STA 291 Spring 2008 Lecture 7 Dustin Lueker.
Introduction to Probability and Statistics
Review for test Ch. 6 ON TUESDAY:
Lecture Slides Elementary Statistics Twelfth Edition
Lecture Slides Elementary Statistics Twelfth Edition
Section 7.1 Discrete and Continuous Random Variables
Section 7.1 Discrete and Continuous Random Variables
Lecture Slides Essentials of Statistics 5th Edition
Probability Distributions
Random Variables A random variable is a rule that assigns exactly one value to each point in a sample space for an experiment. A random variable can be.
Lecture Slides Essentials of Statistics 5th Edition
Chapter 11 Probability.
Presentation transcript:

Expectation Random Variables Graphs and Histograms Expected Value

Random Variables A random variable is a rule that assigns a numerical value to each outcome of an experiment. We will classify random variables as either Finite discrete – if it can take on only finitely many possible values. Infinite discrete – infinitely many values that can be arranged in a sequence. Continuous – if its possible values form an entire interval of numbers

Example One Suppose that we toss a fair coin three times. Let the (finite discrete) random variable X denote the number of heads that occur in three tosses. Then Sample Pt.Value of X Sample Pt. Value of X HHH3HTT1 HHT2THT1 HTH2TTH1 THH2TTT0

Example Two Suppose that we toss a coin repeatedly until a head occurs. Let the (infinite discrete) random variable Y denote the number of trials. Sample Pt.Value of Y Sample Pt. Value of Y H1TTTTH5 TH2TTTTTH6 TTH3TTTTTTH7 TTTH4 

Example Three A biologist records the length of life (in hours) of a fruit fly. Let the (continuous) random variable Z denote the number of hours recorded. If we assume for simplicity, that time can be recorded with perfect accuracy, then the value of Z can take on any nonnegative real number.

Graphs and Histograms Given a random variable X, we will be interested in the probability that X takes on a particular real value x, symbolically we write p X ( x ) = P ( X = x ) p X ( x ) is referred to as the probability function of the random variable X.

Geometric Representation Consider Example Two where a coin is tossed three times. From the given table we see that p(0)= P(X= 0)= 1/8 p(1)= P(X= 1)= 3/8 p(2)= P(X= 2)= 3/8 p(3)= P(X= 3)= 1/8

Line and Bar Graphs

Expectation Arithmetic Mean Consider 10 hypothetical test scores: 65, 90, 70, 65, 70, 90, 80, 65, 90, 90 Calculate the mean as follows:

Expectation We may express the arithmetic mean as: As the number of repetition increases