Define the random variable x

Reference no: EM131416234

Find the expected value for the number of girls in a family with three children, assuming that boys and girls are equally likely. Use the probability distribution function given in Example.

Example
Probability Distribution Function for Number of Girls Suppose that a family has three children and that the probability of a girl is 1/2 for each birth. Define the random variable X = number of girls among the three children. Possible values for X are 0, 1, 2, 3. What are the probabilities for these values?

Reference no: EM131416234

Questions Cloud

Analyze the impact of the given events on the project : Analyze the impact of those events on the project. Determine if any mitigation activities are required and explain why. Determine if budget / schedule changes are necessary and explain why.

Eliminate any inappropriate elliptical constructions : Read over three or four paragraphs from a draft or completed essay you have written recently. Check for mixed sentences and incomplete or missing structures.

Find probabilities for the given events : A computer chess game and a human chess champion are evenly matched. They play ten games. Find probabilities for the following events.

Examine who is involved in financial decision-making : Examine who is involved in financial decision-making. Analyze what are the steps in the financial decision-making process. Examine what some of the specific outcomes that resulted from changes to the financial decision-making process.

Define the random variable x : Define the random variable X = number of girls among the three children. Possible values for X are 0, 1, 2, 3. What are the probabilities for these values?

Create a budget of expected minimum revenues under contract : Prepare a budget of expected minimum revenues under the contract. Show the sources of revenues from the set of five films and the fee. What are the general revenue recognition criteria established under Generally Accepted Accounting Principles.

Position of a nation long-run aggregate supply curve : Suppose that the position of a nation's long-run aggregate supply curve has not changed, but its long-run equilibrium price level has increased. Which of the following factors might account for this event? (See page 232.)

Whether gambler wins or loses or continues rolling the dice : For instance, craps is a game in which two dice are rolled and the sum of the dots on the two dice determines whether the gambler wins, loses, or continues rolling the dice.

How much should it charge each person for insurance : If the insurance company wants to make a net profit of $10 per policyholder for the year, how much should it charge each person for insurance? Ignore administrative and other costs.

User Account

All Pages