Name: _______________________ Class: __________ Math SL: 23C Expectation Review: 6 1. Evaluate: å3 k k=2 2. Given f(x) = –3x2 – 6x – 7, (a) rewrite f(x) in vertex form; (b) determine the number of solution to f(x) = 0; (c) determine all intercepts. 1 Date:_____________ 23C Expectation Today’s Objectives: (1) to understand the meaning of Expectation (2) to be able to calculate the expectation of a random variable Expectation The expected value (mean) of a random variable is the average value that we should expect for X over many trials of the experiment. We can also talk about the expected outcome from one trial of an experiment. The symbol for expected value is E(X) or m . If there are n trials of an experiment, and an event has a probability p of occurring in each of the trials, then the number of times we expect the event to occur is np. In general, the expectation of the random variable X is: n n E(X) = m = å xi pi or i =1 å x P(X = x ) i i i =1 Example 1: When throwing a single standard six-sided dice, let S = the square of the score shown on the dice. What is the expectation of S? Example 2: The random variable Z has the below probability distribution and E(Z) = 5 23 . Find x and y. z 2 3 5 7 11 1 1 1 P(Z = z) x y 6 6 6 2 Fair Games In gambling, we say that for each game: expected gain of the player = expected return or payoff – the amount it cost them to play The game will be fair if the expected gain is zero. Suppose X represents the gain of a player from each game. The game is fair if E(X)=0. Example 3: In a game of chance, a player spins a square spinner labeled 1, 2, 3, 4. The player wins the amount of money shown in the table below, depending on which number comes up. Number Winnings 1 $1 2 $2 3 $5 4 $8 Determine: a) The expected return for one spin of the spinner. b) The expected gain of the player if it cost $5 to play each game. c) Whether this is a fair game or not. Example 4: If two dice are rolled simultaneously 180 times, on how many occasions would you expect to get a double? 3 Example 5: Determine the expected IB Math SL grade X=Math SL Grade P( X = x) 1 2 3 4 5 6 7 1.4% 10.1% 17.6% 19.3% 23.8% 19.1% 8.7% Is this an accurate estimate of how you will perform in May 2015? Explain. Hmwk#52 23C Expectation pg. 637 # 2 – 14 even Note: I would strongly recommend that you start to review for the next test. If you have any questions regarding topics/concepts, be proactive and seek help. If you feel you need more practice, then be proactive and COMPLETE more problems. Continue researching a math exploration topic – find math involved. 4
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