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Exam2 Part1
Exam2 Part1
Exam2 Part1
Date: 9th Nov.; Time: 10.00AM to 10:50AM Full marks: 50 This is a closed book, closed notes exam; you are allowed one formula sheet and a calculator. Think every problem as an opportunity to grow. 1. The distribution function of the random variable X is: 0, x < 0 x, 0 x < 1 F (x) = 3, 1 x < 2 4 1, 2 x
1 2
If P (X 1) = 2 , then answer the following questions. 3 (a) (Bonus: 5 points) Find the value of . (b) (4 points) What is P X > ? (c) (6 points) What is P (0.75 < X 4)? 2 (10 points) Answer either (a) or (b): (a) (i) What is E(X) where X has a cdf F(x) given in Q1? (ii) Suppose, X is a random variable such that f(x) = x(1 x3 ), 0 < x < 0.5 0, otherwise
0.25
f (x)dx?
(b) Find E(Y ) where, the cdf of the random variable Y is, f (y) =
e y ,y y!(1e )
= 1, 2, ...
0, otherwise
3. (a) (20 points) Suppose, X1 , X2 , ..., Xn with common density function, f (x) = 1, 0 < x < 1 0,Otherwise
(b). (10 points) A construction rm has recently sent in bids for 3 jobs worth (in prots) 10, 20 and 40 (thousand) dollars. If its probabilities of winning the jobs are respectively 0.2, 0.8 and 0.3, nd the expected prot of the rm from each of the three jobs. Next, what is the rms expected total prot? (Hint: Xi is the rms prot from job i, i = 1, 2, 3).