Exercise
Suppose that two teams play a series of games that ends when one of them has won
- (a)
- (b)
Also, show in both cases that this number is maximized when
Exercise
A sample of 3 items is selected at random from a box containing 20 items of which 4 are defective. Find the expected number of defective items in the sample.
Exercise
Suppose
Exercise
Exercise
A box contains 5 red and 5 blue marbles. Two marbles are withdrawn randomly. If they are the same color, then you win
- (a) the expected value of the amount you win;
- (b) the variance of the amount you win.