Name: Score:

Grade and Section: Date:

QUIZ #1. MEAN, VARIANCE and STANDARD DEVIATION
Directions: Solve the following problems. Show your COMPLETE computation and interpretation.
1. John Ragsdale sells new cars for Pelican Ford. John usually sells the largest number of cars on Saturday.
He has developed the following probability distribution for the number of cars he expects to sell on a
particular Saturday. Find the mean, variance and standard deviation. (Show your computation using long
method). 10 points.
Number of Cars Probability P(X) X  P(X) (X - µ) (X - µ)2 (X - µ)2 P(X)
X
0 0.10 0 -2.1 4.41 0.441
1 0.20 0.20 -1.1 1.21 0.242
2 0.30 0.60 -0.1 0.01 0.003
3 0.30 0.90 0.9 0.81 0.243
4 0.10 0.40 1.9 3.61 0.361
µ = 2.1 1.29

σ =∑ ¿ ¿ σ =√∑ ¿ ¿ ¿
2

2
σ =¿ 1.29 σ = 1.136 OR 1.14

Number of Inquiries Probability P(X) X  P(X) X2 P(X)

X
22 0.08 1.76 38.72
23 0.19 4.37 100.51
24 0.36 8.64 207.36
25 0.25 6.25 156.25
26 0.07 1.82 47.32
27 0.05 1.35 36.45
µ = 24.19 ∑ X ∙ P ( X )=¿ ¿586.61
2

2. The number of inquiries received per day by the Office of Admissions in a certain university is shown
below. Find the mean, variance and standard deviation. (Show your computation using alternative
method). 10 points.

σ =∑ X ⋅ P ( X )−μ
2 2 2
σ =¿ √∑ X 2
⋅ P ( X )−μ2

= 586.61 – (24.19)2 ¿ √ 1.45

2
σ = 1.4539 OR 1.45 σ = 1.2041 OR 1.20
 3. You play a game with two six - sided dice. If you roll a sum of 4 or 7, you win 400SAR. If you roll a sum of
10, you win 200SAR. However, you lose 300SAR for anything else. If you continue to play the game, how
much do you expect to win or lose in the game? 5 points.

Number of Inquiries Probability P(X) X  P(X)

X
400 9/36 OR ¼ 100
200 1/12 16.67
- 300 24/36 OR 2/3 -200
µ = -83.33

This mean if I play the game, I would lose -83.33.

“All the statistics in the world can’t measure the warmth of a smile. ”
- Chris Hart

Prepared by: Checked by:

SHAIMA S. MAJID RICKY C. ENRIQUEZ

Statistics and Probability Teacher HS Academic Supervisor