Chapter 14 - 18

Week 5
Author

Meike Niederhausen and Nicky Wakim

Published

October 25, 2023

Learning Objectives

Chapter 14: Bernoulli RVs

Bernoulli RV

Scenario: One trial, with outcome success or failure.

Properties of Bernoulli r.v.’s

Example 1

Example 1.  

  • We roll a fair 6-sided die.

  • We get $1 if we roll a 5, and nothing otherwise.

  • Let \(X\) be how much money we get.

  • Find the mean and variance of \(X\).

Solution:

Example 2

Example 2.  

  • Suppose we roll a fair 6-sided die 50 times.

  • We get $1 every time we roll a 5, and nothing otherwise.

  • Let \(X\) be how much money we get on the 50 rolls.

  • Find the mean and variance of \(X\).

Solution:

Chapter 15: Binomial RVs

meh

Scenario: There are \(n\) independent trials, each resulting in a success or failure, with constant probability in each trial. We are counting the number of successes (or failures).

Properties of Binomial RVs