Explanation Given Information: The random variable X is the number that is selected randomly from the set { 1 , 2,3,4 } . Formula used: The probability is calculated using the following formula: P ( X ) = Number of favorable outcomes Total number of outcomes The expected value is calculated as follows: E ( X ) = ∑ i = 1 n x i ⋅ P ( X = x i ) Calculation: Consider the set of four values { 1 , 2,3,4 } . Calculate the probability of obtaining a 1 using the probability formula as follows: P ( X ) = Number of favorable outcomes Total number of outcomes = 1 4 Calculate the probability of obtaining a 2 using the probability formula as follows: P ( X ) = Number of favorable outcomes Total number of outcomes = 1 4 Calculate the remaining probabilities in the similar form. Construct the probability distribution as follows: x 1 2 3 4 P ( X = x ) 1 4 1 4 1 4 1 4 Calculate the value of x ⋅ P ( X = x ) for X = 1 , x ⋅ P ( X = x ) = 1 ⋅ ( 1 4 ) = 1 4 Calculate the value of x ⋅ P

Finite Mathematics and Applied Calculus (MindTap Course List)

7th Edition

ISBN: 9781337274203

Author: Stefan Waner, Steven Costenoble

Publisher: Cengage Learning

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Chapter 9.3, Problem 18E

To determine

To calculate: The expected value of the random variable X= the number selected at random from the set {1,2,3,4}.

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Chapter 9 Solutions

Finite Mathematics and Applied Calculus (MindTap Course List)

Ch. 9.1 - In Exercises 110, classify the random variable X...Ch. 9.1 - Prob. 2E Ch. 9.1 - In Exercises 110, classify the random variable X...Ch. 9.1 - In Exercises 110, classify the random variable X...Ch. 9.1 - Prob. 5E Ch. 9.1 - In Exercises 110, classify the random variable X...Ch. 9.1 - Prob. 7E Ch. 9.1 - In Exercises 110, classify the random variable X...Ch. 9.1 - In Exercises 110, classify the random variable X...Ch. 9.1 - In Exercises 110, classify the random variable X...

Ch. 9.1 - Prob. 11E Ch. 9.1 - Prob. 12E Ch. 9.1 - Prob. 13E Ch. 9.1 - Prob. 14E Ch. 9.1 - In Exercises 1118, (a) say what an appropriate...Ch. 9.1 - Prob. 16E Ch. 9.1 - In Exercises 1118, (a) say what an appropriate...Ch. 9.1 - Prob. 18E Ch. 9.1 - Prob. 19E Ch. 9.1 - Prob. 20E Ch. 9.1 - Prob. 21E Ch. 9.1 - Prob. 22E Ch. 9.1 - In Exercises 2128, give the probability...Ch. 9.1 - Prob. 24E Ch. 9.1 - Prob. 25E Ch. 9.1 - Prob. 26E Ch. 9.1 - Prob. 27E Ch. 9.1 - Prob. 28E Ch. 9.1 - 2010 Income Distribution up to $100,000 The...Ch. 9.1 - 2003 Income Distribution up to $100,000 Repeat...Ch. 9.1 - Prob. 31E Ch. 9.1 - Prob. 32E Ch. 9.1 - Prob. 33E Ch. 9.1 - Housing Prices Going into the Real Estate Bubble...Ch. 9.1 - Prob. 35E Ch. 9.1 - Prob. 36E Ch. 9.1 - Prob. 37E Ch. 9.1 - Prob. 38E Ch. 9.1 - Car Purchases To persuade his parents to...Ch. 9.1 - Prob. 40E Ch. 9.1 - Prob. 41E Ch. 9.1 - Prob. 42E Ch. 9.1 - Prob. 43E Ch. 9.1 - Prob. 44E Ch. 9.1 - Prob. 45E Ch. 9.1 - Prob. 46E Ch. 9.1 - Prob. 47E Ch. 9.1 - 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Manufacturing Compute the probability distribution...Ch. 9.2 - Prob. 31E Ch. 9.2 - Other Teenage Pastimes According to the study...Ch. 9.2 - Prob. 33E Ch. 9.2 - Prob. 34E Ch. 9.2 - Triple Redundancy To ensure reliable performance...Ch. 9.2 - IQ Scores Mensa is a club for people who have high...Ch. 9.2 - Standardized Tests Assume that on a standardized...Ch. 9.2 - Prob. 38E Ch. 9.2 - Product Testing It is known that 43% of all the...Ch. 9.2 - Product Testing It is known that 65% of all the...Ch. 9.2 - Quality Control A manufacturer of light bulbs...Ch. 9.2 - Prob. 42E Ch. 9.2 - Prob. 43E Ch. 9.2 - Prob. 44E Ch. 9.2 - Prob. 45E Ch. 9.2 - Prob. 46E Ch. 9.2 - Prob. 47E Ch. 9.2 - Prob. 48E Ch. 9.2 - Prob. 49E Ch. 9.2 - Prob. 50E Ch. 9.2 - Prob. 51E Ch. 9.2 - Prob. 52E Ch. 9.2 - Prob. 53E Ch. 9.2 - Prob. 54E Ch. 9.3 - Prob. 1E Ch. 9.3 - Prob. 2E Ch. 9.3 - Prob. 3E Ch. 9.3 - Prob. 4E Ch. 9.3 - Prob. 5E Ch. 9.3 - Prob. 6E Ch. 9.3 - Prob. 7E Ch. 9.3 - Prob. 8E Ch. 9.3 - Prob. 9E Ch. 9.3 - Prob. 10E Ch. 9.3 - 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Prob. 48E Ch. 9.3 - Prob. 49E Ch. 9.3 - Prob. 50E Ch. 9.3 - Exercises 51 and 52 assume familiarity with...Ch. 9.3 - Exercises 51 and 52 assume familiarity with...Ch. 9.3 - Elimination Tournaments In an elimination...Ch. 9.3 - Prob. 54E Ch. 9.3 - Prob. 55E Ch. 9.3 - Prob. 56E Ch. 9.3 - Prob. 57E Ch. 9.3 - Prob. 58E Ch. 9.3 - Prob. 59E Ch. 9.3 - Insurance The Blue Sky Flight Insurance Company...Ch. 9.3 - Prob. 61E Ch. 9.3 - Prob. 62E Ch. 9.3 - Prob. 63E Ch. 9.3 - Prob. 64E Ch. 9.3 - Prob. 65E Ch. 9.3 - Prob. 66E Ch. 9.3 - Prob. 67E Ch. 9.3 - Prob. 68E Ch. 9.3 - Prob. 69E Ch. 9.3 - Prob. 70E Ch. 9.3 - Prob. 71E Ch. 9.3 - Prob. 72E Ch. 9.3 - Prob. 73E Ch. 9.3 - Prob. 74E Ch. 9.4 - In Exercises 18, compute the (sample) variance and...Ch. 9.4 - Prob. 2E Ch. 9.4 - Prob. 3E Ch. 9.4 - Prob. 4E Ch. 9.4 - Prob. 5E Ch. 9.4 - Prob. 6E Ch. 9.4 - Prob. 7E Ch. 9.4 - Prob. 8E Ch. 9.4 - In Exercises 914, calculate the standard deviation...Ch. 9.4 - Prob. 10E Ch. 9.4 - Prob. 11E Ch. 9.4 - Prob. 12E Ch. 9.4 - Prob. 13E Ch. 9.4 - Prob. 14E Ch. 9.4 - Prob. 15E Ch. 9.4 - Prob. 16E Ch. 9.4 - Prob. 17E Ch. 9.4 - Prob. 18E Ch. 9.4 - Prob. 19E Ch. 9.4 - In Exercises 1524, calculate the expected value,...Ch. 9.4 - Prob. 21E Ch. 9.4 - In Exercises 1524, calculate the expected value,...Ch. 9.4 - In Exercises 1524, calculate the expected value,...Ch. 9.4 - In Exercises 1524, calculate the expected value,...Ch. 9.4 - Prob. 25E Ch. 9.4 - Prob. 26E Ch. 9.4 - Unemployment Following is a sample of unemployment...Ch. 9.4 - Prob. 28E Ch. 9.4 - Prob. 29E Ch. 9.4 - Prob. 30E Ch. 9.4 - Prob. 31E Ch. 9.4 - Prob. 32E Ch. 9.4 - Prob. 33E Ch. 9.4 - Prob. 34E Ch. 9.4 - 2010 Income Distribution up to $100,000 The...Ch. 9.4 - Prob. 36E Ch. 9.4 - Hispanic Employment: Male The following table...Ch. 9.4 - Prob. 38E Ch. 9.4 - Prob. 39E Ch. 9.4 - Prob. 40E Ch. 9.4 - Prob. 41E Ch. 9.4 - Prob. 42E Ch. 9.4 - Prob. 43E Ch. 9.4 - Prob. 44E Ch. 9.4 - Prob. 45E Ch. 9.4 - Prob. 46E Ch. 9.4 - Prob. 47E Ch. 9.4 - Prob. 48E Ch. 9.4 - Prob. 49E Ch. 9.4 - Distribution of Wealth If we model after-tax...Ch. 9.4 - Prob. 51E Ch. 9.4 - Prob. 52E Ch. 9.4 - Prob. 53E Ch. 9.4 - Prob. 54E Ch. 9.4 - Prob. 55E Ch. 9.4 - Prob. 56E Ch. 9.4 - Prob. 57E Ch. 9.4 - Prob. 58E Ch. 9.4 - Prob. 59E Ch. 9.4 - Prob. 60E Ch. 9.4 - Prob. 61E Ch. 9.4 - Prob. 62E Ch. 9.4 - Prob. 63E Ch. 9.4 - Prob. 64E Ch. 9.4 - Prob. 65E Ch. 9.4 - Prob. 66E Ch. 9.4 - Prob. 67E Ch. 9.4 - Prob. 68E Ch. 9.4 - Prob. 69E Ch. 9.4 - Prob. 70E Ch. 9.4 - Prob. 71E Ch. 9.4 - Prob. 72E Ch. 9.4 - Prob. 73E Ch. 9.4 - Prob. 74E Ch. 9.4 - Prob. 75E Ch. 9.4 - Prob. 76E Ch. 9.4 - Prob. 77E Ch. 9.4 - Prob. 78E Ch. 9.4 - Prob. 79E Ch. 9.4 - Prob. 80E Ch. 9.5 - Prob. 1E Ch. 9.5 - Prob. 2E Ch. 9.5 - Prob. 3E Ch. 9.5 - Prob. 4E Ch. 9.5 - Prob. 5E Ch. 9.5 - Prob. 6E Ch. 9.5 - In Exercises 18, Z is the standard normal...Ch. 9.5 - In Exercises 18, Z is the standard normal...Ch. 9.5 - Prob. 9E Ch. 9.5 - Prob. 10E Ch. 9.5 - Prob. 11E Ch. 9.5 - Prob. 12E Ch. 9.5 - Prob. 13E Ch. 9.5 - Prob. 14E Ch. 9.5 - Prob. 15E Ch. 9.5 - Prob. 16E Ch. 9.5 - Prob. 17E Ch. 9.5 - Prob. 18E Ch. 9.5 - Prob. 19E Ch. 9.5 - Prob. 20E Ch. 9.5 - Prob. 21E Ch. 9.5 - Prob. 22E Ch. 9.5 - Prob. 23E Ch. 9.5 - Prob. 24E Ch. 9.5 - Prob. 25E Ch. 9.5 - Prob. 26E Ch. 9.5 - SAT Scores SAT test scores are normally...Ch. 9.5 - Prob. 28E Ch. 9.5 - Prob. 29E Ch. 9.5 - Prob. 30E Ch. 9.5 - IQ Scores IQ scores (as measured by the...Ch. 9.5 - Prob. 32E Ch. 9.5 - Prob. 33E Ch. 9.5 - Prob. 34E Ch. 9.5 - Prob. 35E Ch. 9.5 - Prob. 36E Ch. 9.5 - Baseball The mean batting average in major league...Ch. 9.5 - Prob. 38E Ch. 9.5 - Marketing Your pickle company rates its pickles on...Ch. 9.5 - Prob. 40E Ch. 9.5 - Prob. 41E Ch. 9.5 - Prob. 42E Ch. 9.5 - Prob. 43E Ch. 9.5 - Prob. 44E Ch. 9.5 - Prob. 45E Ch. 9.5 - Prob. 46E Ch. 9.5 - Prob. 47E Ch. 9.5 - Prob. 48E Ch. 9.5 - Prob. 49E Ch. 9.5 - Prob. 50E Ch. 9.5 - Prob. 51E Ch. 9.5 - Prob. 52E Ch. 9.5 - Prob. 53E Ch. 9.5 - Prob. 54E Ch. 9.5 - Prob. 55E Ch. 9.5 - Prob. 56E Ch. 9.5 - Prob. 57E Ch. 9.5 - Prob. 58E Ch. 9.5 - Prob. 59E Ch. 9.5 - Prob. 60E Ch. 9.5 - Prob. 61E Ch. 9.5 - Prob. 62E Ch. 9.5 - Prob. 63E Ch. 9.5 - Prob. 64E Ch. 9.5 - Prob. 65E Ch. 9.5 - Prob. 66E Ch. 9.5 - Prob. 67E Ch. 9.5 - Prob. 68E Ch. 9.5 - Prob. 69E Ch. 9.5 - Prob. 70E Ch. 9.5 - Prob. 71E Ch. 9.5 - Prob. 72E Ch. 9.5 - Prob. 73E Ch. 9.5 - Prob. 74E Ch. 9 - Prob. 1RE Ch. 9 - Prob. 2RE Ch. 9 - Prob. 3RE Ch. 9 - Prob. 4RE Ch. 9 - Prob. 5RE Ch. 9 - Prob. 6RE Ch. 9 - Prob. 7RE Ch. 9 - Prob. 8RE Ch. 9 - Prob. 9RE Ch. 9 - Prob. 10RE Ch. 9 - Prob. 11RE Ch. 9 - Prob. 12RE Ch. 9 - Prob. 13RE Ch. 9 - Prob. 14RE Ch. 9 - A die is constructed in such a way that rolling a...Ch. 9 - Prob. 16RE Ch. 9 - Prob. 17RE Ch. 9 - Prob. 18RE Ch. 9 - Prob. 19RE Ch. 9 - Prob. 20RE Ch. 9 - Prob. 21RE Ch. 9 - Prob. 22RE Ch. 9 - Prob. 23RE Ch. 9 - Prob. 24RE Ch. 9 - Prob. 25RE Ch. 9 - Prob. 26RE Ch. 9 - Prob. 27RE Ch. 9 - Prob. 28RE Ch. 9 - Prob. 29RE Ch. 9 - Prob. 30RE Ch. 9 - Prob. 31RE Ch. 9 - Prob. 32RE Ch. 9 - Prob. 33RE Ch. 9 - Prob. 34RE Ch. 9 - Prob. 35RE Ch. 9 - Prob. 36RE Ch. 9 - Prob. 37RE Ch. 9 - Prob. 38RE Ch. 9 - Prob. 39RE Ch. 9 - Prob. 40RE Ch. 9 - Prob. 41RE Ch. 9 - Prob. 42RE Ch. 9 - Prob. 43RE Ch. 9 - Prob. 44RE Ch. 9 - Prob. 45RE Ch. 9 - Prob. 46RE Ch. 9 - Mac vs. Windows On average, 5% of all hits by Mac...Ch. 9 - Prob. 48RE Ch. 9 - Prob. 49RE Ch. 9 - Prob. 50RE Ch. 9 - Prob. 51RE Ch. 9 - Prob. 52RE Ch. 9 - Prob. 53RE Ch. 9 - Prob. 54RE Ch. 9 - Prob. 55RE Ch. 9 - Prob. 56RE Ch. 9 - Prob. 1CS Ch. 9 - Prob. 2CS Ch. 9 - Prob. 3CS Ch. 9 - Prob. 4CS Ch. 9 - Prob. 5CS Ch. 9 - Prob. 6CS Ch. 9 - Prob. 7CS Ch. 9 - Prob. 8CS

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The expected value of the random variable X = the number selected at random from the set { 1 , 2,3,4 } .

Solution Summary: The author calculates the probability of obtaining a 1 using the following formula.

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To calculate: The expected value of the random variable X= the number selected at random from the set {1,2,3,4}.

Chapter 9 Solutions