Answers Quiz 2

Probability and Statistics

Marcia Schafgans
September 2013
(For questions 1 and 2)
(LM) An urn contains four chips numbered 1 through 4. Two chips are drawn without replacement.
Let the random variable X denote the larger of the two.
Then:
1. The expected value of X is:
(a) 2:5
(b) 3
(c) 3:125
(d) 3:25
(e) 3:33::
S = f(1; 2); (1; 3); (1; 4); (2; 3); (2; 4); (3; 4)g
Pr(X = 2) = 1=6, Pr(X = 3) = 2=6, Pr(X = 4) = 3=6.
E(X) = 1=6 2 + 2=6 3 + 3=6 4 = 10=3
ANSWER: e
2. The standard deviation of X is
(a) 1=3
(b) 2=3
p
(c) 5=3
(d) 1
(e) 1:11
E(X 2 ) = 1=6 22 + 2=6 32 + 3=6 42 = 35=3
V ar(X) p
= E(X 2 ) [E(X)]2 = 35=3 (10=3)2 = 5=9
(X) = 5=3
ANSWER: c

3. (LM) Suppose that 16 observations are chosen at random from the pdf fY (y) = 3y 2 , 0
Let X denote the number of observations that lie in the interval (0:5; 1). E(X) is:

(a) 8
(b) 10
(c) 11:25
(d) 12
(e) 14
R1
p = Pr (y 2 [0:5; 1]) = 0:5 3y 2 dy = 7=8
X has a binomial distribution.
E(X) = n:p = 16:7=8 = 14
ANSWER: e
(For questions 4 and 5)
(LM) Consider a random variable having the pdf: fY (y) = e
Hint: if k is a positive integer:
Z 1
y k e y dy = k!

, y > 0.

4. The coe cient of skewness in this case is:

(a)

(b)

(c) 0
(d) 1
(e) 2
E(Y ) = 1; E(Y 2 ) = 2! = 2; E(Y 3 ) = 3! = 6; E(Y 4 ) = 4! = 24:
2
V ar(Y ) = E(Y 2 ) [E(Y )] = 1 =) = 1
2
3
3
3
E(Y E[Y ]) = E(Y ) 3E(Y 2 )E(Y ) + 3E(Y ): [E(Y )]
[E(Y )] = 2
3
3
E[Y ]) = = 2
3 = E(Y
ANSWER: e
5. The coe cient of kurtosis in this case is:
(a)

(b) 0
(c) 3
(d) 6
(e) 21
E(Y E[Y ])4 = E(Y 4 )
So, E(Y E[Y ])4 = 9
E[Y ])4 = 4
4 = E(Y

4E(Y 3 )E(Y ) + 6E(Y 2 ): [E(Y )]

3=6

ANSWER: d

4E(Y ) [E(Y )] + [E(Y )]

1.

6. Consider 2 random variables X and Y . Pr(X = 3) = Pr(X = 5) = Pr(X = 6) = Pr(X = 9) = 14 ,

and Pr(Y = 4) = Pr(Y = 6) = Pr(Y = 7) = Pr(Y = 10) = 14 . Then V ar(X) V ar(Y ) is:
(a)

(b)

(c) 0
(d) 1
(e) 2
Y = X + 1 ) V ar(Y ) = V ar(X)
ANSWER: c
7. (LM) Suppose that fY (y) = k:y 2 ; 0
given that it is between 41 and 1?
(a)
(b)
(c)
(d)
(e)

1. What is the probability that Y is between 0 and

8
189
7
63
1
8
8
63
1
3

fY (y) = k:y 2 =)
Z

k:y 2

1
0:25

Pr(y

2 [0:25; 1]) = y 3

Pr(y

2 [0:25; 0:5]) = y 3

0:5
0:25

63
64
=

7
64

Thus
Pr(y

[0; 0:5]jy 2 [0:25; 1])

Pr(y 2 [0:25; 0:5]jy 2 [0:25; 1])

7
63
=
64 64
7
=
63
ANSWER: b

1
2