Answer
a) {8/27, 4/9, 2/9, 1/27}
b) 1
Explanation
a) Because each ball is replaced in the box before the next draw is made, the number of green balls X is a discrete random variable, which can take four possible values: 0, 1, 2, 3. Let us find the probabilities that X takes one of these values. We denote by A the event, that we draw a green ball from the box in one trial. The number of all possible outcomes in one trial of the experiment n = 6. For this event the number of favourable outcomes m = 2. So with the help of classical definition of probability the probability of this event is found as p = p(A) = m/n = 2/6 = 1/3. Because each ball is replaced in the box before the next draw is made, we have a sequence of three Bernoulli trials with success probability p = 1/3 and failure probability q = 1 – p = 2/3.
The probability pn(k) that exactly k successes in n trials will occur, is calculated by Bernoulli formula pn(k) = C(n,k)pkqn-k, where the number of combinations of n different elements taken k at a time C(n,k) = n!/k!/(n-k)!. In case of our problem n = 3, k takes one of four values 0, 1, 2, 3. So we have, p(X=0) = p3(0) = C(3,0)(1/3)0(2/3)3 = 3!/0!/3!*8/27 = 8/27; p(X=1) = p3(1) = C(3,1)(1/3)1(2/3)2 = 3!/1!/2!*1/3*4/9 = 3*4/27 = 4/9; p(X=2) = p3(2) = C(3,2)(1/3)2(2/3)1 = 3!/2!/1!*1/9*2/3 = 3*1/9*2/3 = 2/9; p(X=3) = p3(3) = C(3,3)(1/3)3(2/3)0 = 3!/3!/0!*1/9*2/3 = 1*1/27*1 = 1/27. Hence, the set {8/27, 4/9, 2/9, 1/27} forms the distribution of X. Obviously, the discrete random variable X is completely defined by the table:
xi 0 1 2 3
pi 8/27 4/9 2/9 1/27
b) The quantity E(X) = x1*p1 + x2*p2 + xn*pn is referred to as the expectation (the mean value or the first moment) of the random variable. In case of our problem E(X) = 0*8/27+1*4/9+2*2/9+3*1/27 = 1.
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. In the same carnival, there is a similar game of chance. The game involves a small bag containing 30 marbles where 12 are green, 8 are yellow, and the rest are brown. You win Php 20.00 if you are able to draw a green marble, and you win Php 10.00 if you are able to draw a yellow marble. You lose Php 30.00 if you are able to draw a brown ball. If you continue to play the game, how much do you expect to win or lose in the game
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