A random variable X has the probability distribution shown. Find its expected value E(X).
Probability worksheet with answers
The table gives the probability distribution of X, but one probability is missing. Find P(X = 0).
A bag holds 7 red and 8 blue balls. You draw two balls without putting the first one back. What is the probability P that both are red?
In how many ways N can a committee of 5 people be chosen from a group of 8? The order does not matter.
A game costs €3 to play. You win €6 with probability 0.1 and €60 with probability 0.02; otherwise you win nothing. The stake is not returned. Find the expected net gain E(G) per game.
A game costs €1 to play. You win €4 with probability 0.1 and €50 with probability 0.01; otherwise you win nothing. The stake is not returned. Find the expected net gain E(G) per game.
Answer key
- 1. E(X) = 1.6
- 2. P(X = 0) = 0.35
- 3. P = 0.2
- 4. N = 56
- 5. E(G) = −1.2 €
- 6. E(G) = −0.1 €
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