A fair coin is flipped until the first tail appears. The player wins $2 if it occurs on the firstflip, $4 if on the second flip, $8 if on the third flip and, in general, $2k if it occurs on the kthtoss. Let X be a random variable that denotes the player's winnings. What is the pdf of X?Show that it satisfies the conditions required to be a proper pdf. What is the value ofexpected winnings? If the price to play this game was $10,000, would you play? Explainyour answer.

A fair coin flipped until the first tail appears : Probability : P = 1/2 $2 on first flip (tail)$4…

Answered: A fair coin is flipped until the first…

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...

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Three components are randomly sampled, one at a time, from a large lot. As each component is selected, it is tested. If it passes the test, a success (S) occurs; if it fails the test, a failure (F) occurs. Assume that 82.0% of the components in the lot will succeed in passing the test. Let X represent the number of successes among the three sampled components. Find P(X= 3). (Round the final answer to three decimal places.)
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Suppose that the genders of the three children of a certain family are soon to be revealed. Outcomes are thus triples of “girls” (g) and “boys” (b), which we write gbg, bbb, etc. For each outcome, let R be the random variable counting the number of girls in each outcome. For example, if the outcome is bbb, then R(bbb)=0. Suppose that the random variable X is defined in terms of R as follows: X=R^2-2R-1. The values of X are given in the table below.
Cards are picked sequentially without replacement from a well-shuffled deck of 52 cards until either all SPADES are found or all CLUBS are found. Let X denote the number of cards picked. Find E(X) using indicator random variables.
Plz answer the question in 10 minutes plzzz and get thumb up plzzzz
Suppose that the genders of the three children of a certain family are soon to be revealed. Outcomes are thus triples of "girls" (g) and "boys" (b), which we write gbg, bbb, etc. For each outcome, let R be the random variable counting the number of girls in each outcome. For example, if the outcome is bbg, then R(bbg) = 1. Suppose that the random variable X is defined in terms of R as follows: X=R- - 2R-4. The values of X are given in the table below. Outcome bbb ggb bbg gbg gbb bgg bgb gg Value of X-4 -4 -5 -4 -5 -4 -5 -1 Calculate the values of the probability distribution function of X, i.e. the function py. First, fill in the first row with the values of X. Then fill in the appropriate probabilities in the second row. Value x of X Px (x) E 1:48 PM 3/21/2022 hp Compag LAI956X 立
It is known that in a certain town 30% of the people own an Kpfone. A researcher asks people at random whether they own an Kpfone. The random variable X represents the number of people asked up to and including the first person who owns an Kpfone. Determine that P(X <6).
What does the memoryless property refer to? An event cannot occur if it has already occured within a recent specified time period. The distribution of the time until an event does not depend on how much time has already passed. The occurrence of an event is independent of the number of times that event has already occurred. None of the above.
Write the sufficient statistics for the parameter of binomial.
An arcade machine costs one dollar to play. Every time you play, there is a 1/10 chance of winning.(a) Let A be the number of times you play until you win. Find the variance Var[A].(b) Ten people play the arcade machine; each one keeps playing until they win, and thenit’s the next person’s turn. Let B be the number of times they play in total. Find thevariance Var[B].(c) Ten years later, you come back to the arcade machine, and it’s exactly the same, exceptthat due to inflation, the machine costs $10 to play.Let C be the the total cost of playing until you win. Find the variance Var[C].
We throw a symmetrical dice twice. Let X denote the number of throws in which an odd number of dice fell, and let Y denote the remainder of the product of the dice's rolls divided by 3.Check whether the variables X and Y are (a) independent (b) uncorrelated
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