Expectation and variance of discrete random variablesEdexcel International A Level Maths: Subtopic test
10 questions, 27 marks
Edexcel International A Level Maths
Expectation and variance of discrete random variables
Total 27 marks
Name
Class
Date
- 1The discrete random variable has probability distribution , , and .(a)Find .[1 mark]
- A
- B
- C
- D
(b)Find .[1 mark]- A
- B
- C
- D
(c)Find .[2 marks]Total for question 1: 4 marks
- 2The random variable has and . The random variable is defined by .(a)Find .[1 mark]
- A
- B
- C
- D
(b)Find .[1 mark]- A
- B
- C
- D
(c)Find .[2 marks]Total for question 2: 4 marks
- 3The discrete random variable takes the values 1, 2, 3 and 4 with , , and , where and are constants. It is given that .(a)Find the values of and .[3 marks](b)Find .[4 marks]
Total for question 3: 7 marks
- 4In a game, a player rolls a fair six-sided die once and wins a prize, pounds, that depends on the score. A score of 6 wins 8 pounds, a score of 4 or 5 wins 3 pounds, and a score of 1, 2 or 3 wins nothing.(a)(i) Write down the probability distribution of .[6 marks]
(ii) Find .
(iii) Find .(b)The player pays 2 pounds to play, so the net gain is pounds.[6 marks]
(i) Find and .
(ii) The organiser changes the entry fee to 4 pounds. Find the new expected net gain per game, and the entry fee that would make the game fair (expected net gain of zero).
(iii) Comment on whether the game is favourable to the player at the original fee of 2 pounds.Total for question 4: 12 marks
End of questions
Written by the Exaim team, led by Shaun Daswani (Head of Upper Secondary, Improve ME Institute; MSc Financial Mathematics, Imperial College London; BSc, UCL) and Jason Daswani (operational lead, Improve ME Institute; LSE).