Practice Exercise 1. A grade 11 student of Tabaco National High School surveyed the households in Tabaco City. The random variable X represents the number of high school students with gadgets to be used in online classes. The probability distribution of X is shown below. 1 2 3 4 X P(x) 0 0.02 0.18 0.30 0.40 0.10 Find the expected value and interpret the result.

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section: Chapter Questions
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Practice Exercise
1. A grade 11 student of Tabaco National High School surveyed the households in Tabaco City. The
random variable X represents the number of high school students with gadgets to be used in online classes.
The probability distribution of X is shown below.
X
1
2
3
4
0
0.02
P(x)
0.18
0.30
0.40
0.10
Find the expected value and interpret the result.
2. A lottery will be conducted for the benefits of those affected by typhoon Bolly, in San Miguel Island of
Tabaco City. One thousand tickets will be sold. One ticket will win Php 5, 000 and the other tickets will win
nothing. If you buy one ticket, what will be your expected gain and variance? Interpret the results.
Transcribed Image Text:Practice Exercise 1. A grade 11 student of Tabaco National High School surveyed the households in Tabaco City. The random variable X represents the number of high school students with gadgets to be used in online classes. The probability distribution of X is shown below. X 1 2 3 4 0 0.02 P(x) 0.18 0.30 0.40 0.10 Find the expected value and interpret the result. 2. A lottery will be conducted for the benefits of those affected by typhoon Bolly, in San Miguel Island of Tabaco City. One thousand tickets will be sold. One ticket will win Php 5, 000 and the other tickets will win nothing. If you buy one ticket, what will be your expected gain and variance? Interpret the results.
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