There are two boxes. In each box there are 4 cards with a different number printed on it. The four cards have been numbered as 1,2,3,4 in each box. Two cards are drawn random from each box. The random variable X represents the difference between the number on the card from box 1 minus the number on the card from box 2.a) Find the mean of this probability distribution. (i.e. Find E[X] )b) Find the variance and standard deviation of this probability distribution.(i.e. Find V[X] and SD[X])The random variables M and W are defined as follows:M = X+5 and W = (1/2)X+5c) Find E[M] and E[W].d) Find V[M] and V[W].e) Mary and William play a game using the cards in the above boxes. Randomly two cards are drawn, and Mary records his score using the random variable M and William uses the random variable W. They repeat this for a large number of times and compare their scores. Comment on any likely differences or similarities of their scores.
There are two boxes. In each box there are 4 cards with a different number printed on it. The four cards have been numbered as 1,2,3,4 in each box. Two cards are drawn random from each box. The random variable X represents the difference between the number on the card from box 1 minus the number on the card from box 2.a) Find the mean of this probability distribution. (i.e. Find E[X] )b) Find the variance and standard deviation of this probability distribution.(i.e. Find V[X] and SD[X])The random variables M and W are defined as follows:M = X+5 and W = (1/2)X+5c) Find E[M] and E[W].d) Find V[M] and V[W].e) Mary and William play a game using the cards in the above boxes. Randomly two cards are drawn, and Mary records his score using the random variable M and William uses the random variable W. They repeat this for a large number of times and compare their scores. Comment on any likely differences or similarities of their scores.
There are two boxes. In each box there are 4 cards with a different number printed on it. The four cards have been numbered as 1,2,3,4 in each box. Two cards are drawn random from each box. The random variable X represents the difference between the number on the card from box 1 minus the number on the card from box 2.a) Find the mean of this probability distribution. (i.e. Find E[X] )b) Find the variance and standard deviation of this probability distribution.(i.e. Find V[X] and SD[X])The random variables M and W are defined as follows:M = X+5 and W = (1/2)X+5c) Find E[M] and E[W].d) Find V[M] and V[W].e) Mary and William play a game using the cards in the above boxes. Randomly two cards are drawn, and Mary records his score using the random variable M and William uses the random variable W. They repeat this for a large number of times and compare their scores. Comment on any likely differences or similarities of their scores.
There are two boxes. In each box there are 4 cards with a different number printed on it. The four cards have been numbered as 1,2,3,4 in each box. Two cards are drawn random from each box. The random variable X represents the difference between the number on the card from box 1 minus the number on the card from box 2. a) Find the mean of this probability distribution. (i.e. Find E[X] ) b) Find the variance and standard deviation of this probability distribution. (i.e. Find V[X] and SD[X]) The random variables M and W are defined as follows: M = X+5 and W = (1/2)X+5 c) Find E[M] and E[W]. d) Find V[M] and V[W]. e) Mary and William play a game using the cards in the above boxes. Randomly two cards are drawn, and Mary records his score using the random variable M and William uses the random variable W. They repeat this for a large number of times and compare their scores. Comment on any likely differences or similarities of their scores.
Definition Definition Measure of central tendency that is the average of a given data set. The mean value is evaluated as the quotient of the sum of all observations by the sample size. The mean, in contrast to a median, is affected by extreme values. Very large or very small values can distract the mean from the center of the data. Arithmetic mean: The most common type of mean is the arithmetic mean. It is evaluated using the formula: μ = 1 N ∑ i = 1 N x i Other types of means are the geometric mean, logarithmic mean, and harmonic mean. Geometric mean: The nth root of the product of n observations from a data set is defined as the geometric mean of the set: G = x 1 x 2 ... x n n Logarithmic mean: The difference of the natural logarithms of the two numbers, divided by the difference between the numbers is the logarithmic mean of the two numbers. The logarithmic mean is used particularly in heat transfer and mass transfer. ln x 2 − ln x 1 x 2 − x 1 Harmonic mean: The inverse of the arithmetic mean of the inverses of all the numbers in a data set is the harmonic mean of the data. 1 1 x 1 + 1 x 2 + ...
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