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Probability and Statistics Assignment: Analyzing Random Variables and Distributions - Document preview page 1

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Probability and Statistics Assignment: Analyzing Random Variables and Distributions

An assignment focused on analyzing random variables and distributions in probability and statistics.

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Probability and Statistics Assignment: Analyzing Random Variables and Distributions - Page 1 preview imageProbability and Statistics Assignment: Analyzing Random Variables andDistributions1)In a particular suburb, 30% of the households have installed electronic securitysystems.a)If a household is chosen at random from this suburb, what is theprobability thatthis household has not installed an electronic security system?a) Probability that a randomly chosen household has not installed anelectronic security system:We are told that 30% of the households have installed an electronic securitysystem. This means that 70% of the households havenotinstalled an electronicsecurity system.So, the probability that a randomly chosen household has not installed anelectronic security system is:Answer for part a:The probability that a household has not installed anelectronic security system is0.70or 70%.b)If two households are chosen at random from this suburb, what is the probabilitythat neither has installed an electronic security system?b) Probability that neither of two randomly chosen households hasinstalled an electronic security system:The events are independent (i.e., one household’s decision does not affect theother household’s decision). The probability that one household has not installeda security system is 0.70 (from part a).So, the probability that both households have not installed a security system is:Answer for part b:The probability that neither of the two households hasinstalled an electronic security system is0.49or 49%.5)In a study designed to gauge married women’s participation in the workplace today,the data provided in the fileP04_05.xlsxwere obtained from a sample of 750 randomlyselected married women. Consider a woman selected at random from this sample inanswering the followingquestions.
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Probability and Statistics Assignment: Analyzing Random Variables and Distributions - Page 2 preview image
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Probability and Statistics Assignment: Analyzing Random Variables and Distributions - Page 3 preview imagea)What is the probability that this randomly selected woman has a job outside thehome?a) Probability that the randomly selected woman has a job outside the home:1.Find the number of women who have a job outside the home.2.Divide this by thetotal number of women in the sample (750 women).b)What is the probability that this randomly selected woman has at least one child?b) Probability that the randomly selected woman has at least one child:1.Find the number of women who have at least one child.2.Divide this by the total number of women in the sample (750 women).c)What is the probability that this randomly selected woman has a full-time job andno more than one child?Find the number of women who have a full-time job and no more than one child.For this, you may need to look at a combination of full-time job (F) and childcount (e.g., no child or one child).Divide this by the total number of women in the sample (750 women).
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Probability and Statistics Assignment: Analyzing Random Variables and Distributions - Page 4 preview imaged)What is the probability that this randomly selected woman has a part-time job orat least one child, but not both?**HINT**(n=no job, P=part time, F=full time)This part is a bit trickier because it's asking for the union of the events "part-time job" or"at least one child," but excluding the cases where both conditions are met.Find the number of women who have a part-time job or at least one child (this isthe union).Subtract the cases where the woman has both a part-time job and at least onechild (this is the intersection of the two events).This can berepresented as:10)A fair coin (i.e., heads and tails are equally likely) is tossed three times. Let X bethe number of heads observed in three tosses of this fair coin.a)Find the probability distribution of X.
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Probability and Statistics Assignment: Analyzing Random Variables and Distributions - Page 5 preview imageb) Find the probability thattwo or fewer heads are observed in three tosses.
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Probability and Statistics Assignment: Analyzing Random Variables and Distributions - Page 6 preview imagec) Find the probability that at least one head is observed in three tosses.e)Find the expected value of X.
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Probability and Statistics Assignment: Analyzing Random Variables and Distributions - Page 7 preview imagee) Find the standard deviation of X.
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Probability and Statistics Assignment: Analyzing Random Variables and Distributions - Page 8 preview image11)Consider a random variable with thefollowing probability distribution: P(X=0) = 0.1,P(X =1) = 0.2, P(X = 2) = 0.3, P(X = 3) = 0.3, and P(X = 4) = 0.1a)Find P(X<2)
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