5. The n candidates for a store manager have been ranked 1,2,3,..,n. Let X= the rank of a randomly selected candidate, so that X has pmf p(x) - 1/n x=1,2,3..,n otherwise (this is called the discrete uniform distribution). Compute E(X) and V(X) using the shortcut formula. [Hint: The sum of the first n positive integers is n(n+ 1)/2, whereas the sum of their squares is n(n+ 1)(2n + 1)/6.]
5. The n candidates for a store manager have been ranked 1,2,3,..,n. Let X= the rank of a randomly selected candidate, so that X has pmf p(x) - 1/n x=1,2,3..,n otherwise (this is called the discrete uniform distribution). Compute E(X) and V(X) using the shortcut formula. [Hint: The sum of the first n positive integers is n(n+ 1)/2, whereas the sum of their squares is n(n+ 1)(2n + 1)/6.]
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 3 images
Recommended textbooks for you
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON