2 balls are chosen randomly from an urn containing 8 white, 4 black, 2 orange ball. Suppose you win 2 dollars for each black ball and lose 1 dollar for each white ball selected. Let X be the net winning , Find
a) S_x
my answer is
for a)
(-2,1,2)
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OpenStudy (anonymous):
b) asked for pmf
P_x (8/14)^2 x=-2
(4/14)*(8/14) x=1
(4/14)^2 x=2
OpenStudy (anonymous):
@zarkon
OpenStudy (anonymous):
@myininaya
OpenStudy (mathlegend):
What type of math is this? Algebra 1?
OpenStudy (mathlegend):
Honestly, I have no clue.
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OpenStudy (openstudyuser):
lol
OpenStudy (anonymous):
probability
OpenStudy (zarkon):
sampling with or without replacement?
OpenStudy (anonymous):
didn't say anything about replacement so I think without
OpenStudy (zarkon):
if it is without...then your pmf is not correct
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OpenStudy (anonymous):
what is it mean by "replacement"?
OpenStudy (zarkon):
if it is replacement then you pick a ball...look at it ..put it back then randomly sample again with all 14 balls
OpenStudy (anonymous):
I think ,from the wording; we are pulling two balls out at the same time
OpenStudy (zarkon):
that is what I am thinking
OpenStudy (zarkon):
so you need to redo your pmf
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OpenStudy (zarkon):
if you get black balls then you get $2 each correct
OpenStudy (anonymous):
yes
OpenStudy (zarkon):
so one possibility is that you win $4
OpenStudy (anonymous):
white ball, I lost $1
OpenStudy (zarkon):
BB=$4
BO=$2
OB=$2
BW=$1
WB=$1
...
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OpenStudy (zarkon):
so X can take the values 4,2,1,0,-1,-2
OpenStudy (zarkon):
agree?
OpenStudy (anonymous):
oh, I see, I omitted orange which I shouldn't have
OpenStudy (anonymous):
so how would I write PMF?
OpenStudy (zarkon):
what i s the probability of 2 blacks? ie $4
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OpenStudy (anonymous):
(8/14)*(7/13)
OpenStudy (zarkon):
ok
what about winning $2
OpenStudy (anonymous):
(4/14)(2/13)
or
(2/14)(4/13)
?
OpenStudy (zarkon):
winning $2 is BO or OB
OpenStudy (zarkon):
there are 8 blacks...i see no 8's in your solution
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OpenStudy (zarkon):
lol.....there are 8 W
OpenStudy (zarkon):
4 black...so prob of BB is
\[\frac{4}{14}\cdot\frac{3}{13}\]
OpenStudy (zarkon):
not what you had above
OpenStudy (zarkon):
so \[P(X=4)=\frac{4}{14}\cdot\frac{3}{13}\]
OpenStudy (anonymous):
right , so for $2
(4/14)(2/13)
or
(2/14)(4/13)
(4/14)(2/13)+(2/14)(4/13)=
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