Problem

Problem # 4.19

l
ia
er
at
M
2 e
Calculate 𝐸 𝑋 𝑘 such that 𝑋 is random variable following binomial distribution?

-2 urs
20 o
D IC
M LR
,B X
T1 of
Q rt
Pa

Shounak Basak
10/2/2020
PODS Area, XLRI – Xavier School of Management
273
Solution
Problem # 4.19 Solution

l
ia
er
at
M
2 e
-2 urs
20 o
D IC
Let 𝑋 be the random variable following binomial distribution

M LR
,B X
T1 of
Q rt
Pa

Shounak Basak
10/2/2020
PODS Area, XLRI – Xavier School of Management
274
Solution
Problem # 4.19 Solution

l
ia
er
at
M
2 e
-2 urs
20 o
Let 𝑋 be the random variable following binomial distribution

D IC
𝑛 𝑖 𝑛−𝑖
The binomial distribution is given by: 𝑃 𝑋 = 𝑖 = 𝑝 1−𝑝

M LR
𝑖

,B X
T1 of
Q rt
Pa

Shounak Basak
10/2/2020
PODS Area, XLRI – Xavier School of Management
275
Solution
Problem # 4.19 Solution

l
ia
er
at
M
2 e
-2 urs
Let 𝑋 be the random variable following binomial distribution

20 o
𝑛 𝑖

D IC
𝑛−𝑖
The binomial distribution is given by: 𝑃 𝑋 = 𝑖 = 𝑝 1−𝑝
𝑖

M LR
Expectation of a function is given by: 𝑛𝑖=0 𝑔 𝑥 𝑝(𝑥)

,B X
T1 of
Q rt
Pa

Shounak Basak
10/2/2020
PODS Area, XLRI – Xavier School of Management
276
Solution
Problem # 4.19 Solution

l
ia
er
at
M
2 e
-2 urs
Let 𝑋 be the random variable following binomial distribution
𝑛 𝑖

20 o
𝑛−𝑖

D IC
The binomial distribution is given by: 𝑃 𝑋 = 𝑖 = 𝑝 1−𝑝
𝑖

M LR
Expectation of a function is given by: 𝑛𝑖=0 𝑔 𝑥 𝑝(𝑥)

,B X
The function 𝑔 𝑥 = 𝑥 𝑘

T1 of
Q rt
Pa

Shounak Basak
10/2/2020
PODS Area, XLRI – Xavier School of Management
277
Solution
Problem # 4.19 Solution

l
ia
er
at
Let 𝑋 be the random variable following binomial distribution

M
𝑛 𝑖

2 e
𝑛−𝑖
The binomial distribution is given by: 𝑃 𝑋 = 𝑖 = 𝑝 1−𝑝

-2 urs
𝑖
Expectation of a function is given by: 𝑛𝑖=0 𝑔 𝑥 𝑝(𝑥)

20 o
D IC
The function 𝑔 𝑥 = 𝑥 𝑘

M LR
Therefore, the expectation 𝐸[𝑋 𝑘 ] is given by:

,B X
𝑛
𝑛 𝑖

T1 of
𝑖𝑘 𝑝 1−𝑝 𝑛−𝑖
𝑖
Q rt
Pa 𝑖=0

Shounak Basak
10/2/2020
PODS Area, XLRI – Xavier School of Management
278
Solution
Problem # 4.19 Solution

l
ia
Let 𝑋 be the random variable following binomial distribution

er
𝑛 𝑖

at
𝑛−𝑖
The binomial distribution is given by: 𝑃 𝑋 = 𝑖 = 𝑝 1−𝑝

M
𝑖
Expectation of a function is given by: 𝑛𝑖=0 𝑔 𝑥 𝑝(𝑥)

2 e
-2 urs
The function 𝑔 𝑥 = 𝑥 𝑘

20 o
Therefore, the expectation 𝐸[𝑋 𝑘 ] is given by:

D IC
𝑛

M LR
𝑛 𝑖
𝑖𝑘 𝑝 1−𝑝 𝑛−𝑖

,B X
𝑖

T1 of
𝑖=0
𝑛

Q rt
Pa 𝑛 𝑖 𝑛 0
= 𝑖𝑘 𝑝 1−𝑝 𝑛−𝑖
+ 0𝑘 𝑝 1−𝑝 𝑛−0
𝑖 0
𝑖=1

Shounak Basak
10/2/2020
PODS Area, XLRI – Xavier School of Management
279
Solution
Problem # 4.19 Solution

Let 𝑋 be the random variable following binomial distribution

l
𝑛 𝑖

ia
𝑛−𝑖
The binomial distribution is given by: 𝑃 𝑋 = 𝑖 = 𝑝 1−𝑝

er
𝑖

at
Expectation of a function is given by: 𝑛𝑖=0 𝑔 𝑥 𝑝(𝑥)

M
The function 𝑔 𝑥 = 𝑥 𝑘

2 e
-2 urs
Therefore, the expectation 𝐸[𝑋 𝑘 ] is given by:
𝑛

20 o
D IC
𝑛 𝑖
𝑖𝑘 𝑝 1−𝑝 𝑛−𝑖
𝑖

M LR
𝑖=0

,B X
𝑛
𝑛 𝑖 𝑛 0

T1 of
= 𝑖𝑘 𝑝 1−𝑝 𝑛−𝑖
+ 0𝑘 𝑝 1−𝑝 𝑛−0
𝑖 0
Q rt
𝑖=1
Pa
𝑛
𝑛 𝑖
= 𝑖𝑘 𝑝 1−𝑝 𝑛−𝑖
+0
𝑖
𝑖=1

Shounak Basak
10/2/2020
PODS Area, XLRI – Xavier School of Management
280