Econ 211 Quiz

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Quiz 2

Вопрос 1

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Alice is taking cards one by one from a shuffled pile of 52 cards. Let X be a
random variable equal to the number of cards Alice will take from the pile
before she takes Ace of Spades. What is the distribution of X?

Выберите один ответ:

a.

Bin(52,1/52)

b.

Geom(1/52)

c.

HGeom(4,48,1)
d.

None of the other choices

e.

Bern(1/52)

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Правильный ответ: None of the other choices

Вопрос 2

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Below you have a list of five distributions of random variables. Which one
has the highest expectation?

Выберите один ответ:

a.
Bin(30,0.1)

b.

HGeom(8,2,10)

c.

Discrete uniform on the set {1,2,3,...,14}

d.

Geom(0.1)

e.

Bern(0.9)

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Правильный ответ: Geom(0.1)

Вопрос 3

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Consider a part of a graph of the CDF of a random variable.

Which of the below can be the distribution of this random variable?

Выберите один ответ:

a.

Bernoulli

b.
First success

c.

Binomial

d.

Geometric

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Правильный ответ: Binomial

Вопрос 4

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You face 3 investment projects, labeled by k = 1,2,3. To implement project k


you must invest exactly your entire wealth I. Then with probability Pk ∈ (0,1)
you get return Rk > 0 on your investment (that is you receive I(1 + R) when a
project is successful), and with probability (1 − Pk) your entire investment is
completely lost (you receive 0). You are given (P1=1/2, R1=4/5), (P2=2/3,
R2=3/4), (P3=1/3,R3=4). Suppose you cannot borrow money and so can only
implement projects when you have enough funds. You can try to implement
projects one by one in any sequence. You want to maximize your expected
final wealth. Which option should you choose? (sequence "i->j->k" means
project i first, project j second, project k last)

a.

Implement 2 and 3 in sequence 3->2.

b.

Implement 2 and 3 in sequence 2->3.

c.

Implement none.

d.

Implement all in sequence 3->2->1.

e.

Implement all in sequence 1->2->3.

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Правильный ответ:

Implement 2 and 3 in sequence 3->2.


Вопрос 5

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Consider the following lottery. You bet $1 on one of the integers from 1 to 14
including. Then an integer is chosen uniformly at random. If your number is
chosen then you win $(14-1), otherwise, you lose your $1. Find the variance
of your winnings.

Ответ:

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Правильный ответ: 13,00

Вопрос 6

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A quiz is taken by Alice and 3 other students. The quiz is scored similarly to
our quiz: the more students answer correctly to a question, the lower is its
weight. In particular, a score for a correct answer to a question is given by
the maximum between the number of incorrect answers and 2, i.e.,
score=max{2, Number of incorrect answers}. Alice correctly answers the
question. Given that each other student answers correctly independently
with probability 0.5, what is the expected score of Alice for this question?

Ответ:

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Правильный ответ: 2,125

Вопрос 7

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A family keeps making babies until they have babies of both genders. What
is the expected number of babies in such a family?
Ответ:

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Правильный ответ: 3

Вопрос 8

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Each of the five guests at a boring party randomly wanders into 1 of the 5
rooms of the apartment. On average how many rooms are occupied by at
least one guest?

Ответ:

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Правильный ответ: 3,3616

Вопрос 9

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You are organizing a round-robin table tennis tournament (each player meets
all other players in turn, each pair of players meets only once). Let X be a
random variable representing the number of people who sign up for the
tournament. Suppose you estimate that E[X] = 20 and Var[X] = 40, however
you do not know the distribution of X. What is the expected number of
matches in the tournament?

Ответ:

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Правильный ответ: 210

Вопрос 10

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A student or a monkey is chosen with equal probability each to take a


multiple-choice exam. There are 14 questions in the exam, each with 4
answers, and only a single answer is correct. A student answers each
question correctly independently with a probability 0.75. A monkey is
choosing an answer uniformly at random. Find the expected number of
correctly answered questions.

Ответ:

Отзыв

Правильный ответ: 7,00

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