Statistics Homework Solutions
Problem
#4664

Statistics

Find the probability and expected value.

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6) In a marketing study, 20 children were to be selected to try a new
cran-raspberry flavored chewing gum. If the probability is 0.6 that a
randomly selected child will like the gum, what is the probability that

          a) exactly 10 will like the gum?

          b) at least 14 will like the gum?

7) In a survey of buyer intentions, consumers may be asked to indicate
their intentions of purchasing a particular durable good (say, an
automobile) within some time period (say, the next six months) by
choosing a value on a purchase probability scale. Assuming that ten
consumers are interviewed independently, if four give probabilities of
0.2, four of 0.5, and two of 0.6 to the question about the purchase of
the automobile in the next six months, find the expected value and the
variance of the total number of automobiles that may be sold to such a
group? (Hint: Write the total number sold T as the sum of independent
binomial or Bernoulli random variables.)

8) A population consisting of 30 items contains 20 items if type A and
10 of type B. If X represents the number of items of type A in a sample
of 5 items taken without replacement, find the following:

          a) P(X = 3)  ,

2)  ,

          c) E(X)  ,

X  .

9) Valerie is an auditor who is going to study the checking accounts in
a small bank. The bank has 500 accounts, and Valerie plans to sample 5
of these accounts in the first stage of her audit. If one or more of
these 5 is found to be in error, she will taken a second (larger)
sample. Find the probability she will need to take a second sample if,
in fact,

          a) 25 of the accounts are actually in error.

          b) 50 of the accounts are actually in error.

          c) 100 of the accounts are actually in error.

= 3, find

4)  ,

          b) P(Y = 2)  ,

          c) E(Y)  ,

Y  .
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