Assume that X~Bin(n, p). Find the variance of X algebraically. Hint: First find E(X*(X-1)). Use M,(1) to find V(X). a. b.
Assume that X~Bin(n, p). Find the variance of X algebraically. Hint: First find E(X*(X-1)). Use M,(1) to find V(X). a. b.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Topic Video
Question
![**Binomial Distribution and Variance Calculation**
In this exercise, we will explore how to find the variance of a random variable \(X\) that follows a binomial distribution. Given that \(X\) follows \(Bin(n, p)\), the questions prompt methods to calculate the variance both algebraically and using the moment generating function.
1. **Assumption:**
Assume that \(X \sim Bin(n, p)\).
2. **Questions:**
a. **Algebraic Calculation of Variance:**
Find the variance of \(X\) algebraically. A helpful hint is to first find the expected value of \(X \cdot (X - 1)\), denoted as \(E(X \cdot (X - 1))\).
b. **Variance using Moment Generating Function:**
Use the moment generating function \(M_X(t)\) to find the variance of \(X\), denoted as \(V(X)\).
3. **Detailed Explanations:**
- For part (a), to compute the variance algebraically, you will follow these steps:
1. Calculate \(E(X)\) (the mean).
2. Calculate \(E(X \cdot (X - 1))\).
3. Use the formula for variance, \(V(X) = E(X^2) - [E(X)]^2\), where \(E(X^2)\) can be derived from \(E(X \cdot (X - 1))\).
- For part (b), you will need to utilize the properties of the moment generating function \(M_X(t)\) for the Binomial distribution and derive the variance from the second derivative of \(M_X(t)\) evaluated at \(t = 0\).
These calculations allow one to understand the distribution and spread of the binomial random variable \(X\) around its mean, providing insight into its variability.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa512e5ed-0cb1-424e-ac94-5a6d2cf189ee%2F00c33dfd-7ff7-4c19-a08a-b7072a80a7c1%2F6n0jm1n.png&w=3840&q=75)
Transcribed Image Text:**Binomial Distribution and Variance Calculation**
In this exercise, we will explore how to find the variance of a random variable \(X\) that follows a binomial distribution. Given that \(X\) follows \(Bin(n, p)\), the questions prompt methods to calculate the variance both algebraically and using the moment generating function.
1. **Assumption:**
Assume that \(X \sim Bin(n, p)\).
2. **Questions:**
a. **Algebraic Calculation of Variance:**
Find the variance of \(X\) algebraically. A helpful hint is to first find the expected value of \(X \cdot (X - 1)\), denoted as \(E(X \cdot (X - 1))\).
b. **Variance using Moment Generating Function:**
Use the moment generating function \(M_X(t)\) to find the variance of \(X\), denoted as \(V(X)\).
3. **Detailed Explanations:**
- For part (a), to compute the variance algebraically, you will follow these steps:
1. Calculate \(E(X)\) (the mean).
2. Calculate \(E(X \cdot (X - 1))\).
3. Use the formula for variance, \(V(X) = E(X^2) - [E(X)]^2\), where \(E(X^2)\) can be derived from \(E(X \cdot (X - 1))\).
- For part (b), you will need to utilize the properties of the moment generating function \(M_X(t)\) for the Binomial distribution and derive the variance from the second derivative of \(M_X(t)\) evaluated at \(t = 0\).
These calculations allow one to understand the distribution and spread of the binomial random variable \(X\) around its mean, providing insight into its variability.
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 6 images

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman