.

Each item is worth 15 points (solution: 8 points, final answers: 5 points, interpretation: 2 points)

H=NUMBER|OF|HEADS|WHEN|4|COINS|ARE|TOSSED
P(h) 𝜇𝐻 (ℎ − 𝜇𝐻)2
0 1/16 0 -2 4 0.25
1 4/16 or 0.25 -1 1 0.25
1/4

2 6/16 0.75 0 0 0
3 4/16 or 0.75 1 1 0.25
1/4

4 1/16 0.25 2 4 0.25

𝜇𝐻 =2 𝜎𝐻2 =1
𝜎𝐻 =1

Thus, the expected value is 2 with a standard error of 1. This says that the mass points are 1 unit
away from the mean.
P=PRODUCT|OF|THE|NUMBERS|THAT|TURN|UP|
WHEN|TWO|DICE|ARE|ROLLED
P(p
) 𝑝 𝑝 𝜇𝑃 (𝑝 − 𝜇𝑃)2
1 1/36 0.02777777778 -11.25 126.5625 3.515625
2/36 or -10.25 105.0625 5.836805556
2 1/18 0.1111111111
2/36 or -9.25 85.5625 4.753472222
3 1/18 0.1666666667
3/36 or -8.25 68.0625 5.671875
4 1/12 0.3333333333
2/36 or -7.25 52.5625 2.920138889
5 1/18 0.2777777778
4/36 or -6.25 39.0625 4.340277778
6 1/9 0.6666666667
2/36 or -4.25 18.0625 1.003472222
8 1/18 0.4444444444

9 1/36 0.25 -3.25 10.5625 0.2934027778

2/36 or -2.25 5.0625 0.28125
10 1/18 0.5555555556
4/36 or -0.25 0.0625 6.9444444444
12 1/9 1.333333333
2/36 or 2.75 7.5625 0.4201388889
15 1/18 0.8333333333

16 1/36 0.4444444444 3.75 14.0625 0.390625

2/36 or 1 5.75 33.0625 1.836805556
18 1/18
2/36 or 7.75 60.0625 3.336805556
20 1/18 1.111111111
2/36 or 11.75 138.0625 7.670138889
24 1/18 1.333333333

25 1/36 0.6944444444 12.75 162.5625 4.515625

2/36 or 17.75 315.0625 17.50347222
30 1/18 1.666666667

36 1/36 1 23.75 564.0625 15.66840278

𝜇𝑃 12.25 𝜎 86.90
𝜎𝑃 9.32
Thus, the expected product is 12.25 with a standard error of 9.32. This implies
that the products are 9.32 units away from 12.25
 B=NUMBER|OF|RIPE|BANANAS|WHEN|THREE|BANANAS|
ARE|SELECTED|AT|RANDOM FROM|A|BASKET|WITH|2|
RIPE|BANANAS|AND|4|UNRIPE|BANANAS
P(b) 𝑏 𝑏 𝜇𝐵 (𝑏 − 𝜇𝐵)2
4/20 or 0 -1 1 0.2
0
1/5
12/20 or 0.6 0 0 0
1
3/5
4/20 or 0.4 1 1 0.2
2
1/5
𝜇𝐻 =1 𝜎 0.4
𝜎𝐻 0.6
Thus, the expected value is 1 and the standard deviation is approximately 0.6. This
shows that the mass points are 0.6 units away from the expected value.

Part B
Directions: Accomplish the following word problem completely. Each item is worth 10 points.
1. Seven hundred raffle tickets are sold at P10 each for a chance to win P6000. What is your expected winnings
when you are to buy 6 tickets?

Let x be the amount of money won (+) or lost (-)

Let P(x) be the probability of winning or losing that amount

x -₱60 ₱5940

699 1
P(x) 700 700

694 6
E(x)= -₱60 ( 700 ) + ₱5940 ( 700 )
E(x)= -59.49+50.91
E(x)= -₱8.58
Thus, if I were to buy 6 out of 700 raffle tickets I will lose ₱8.58 instead of winning
₱5940.