4.7 Discrete random variables and expected valueIB Maths: Applications and Interpretation HL: Mind map
What this mind map covers
- Distribution
- Expected value
- Probabilities
- Fair games
- Applications
Exam questions on 4.7 Discrete random variables and expected value
- The discrete random variable has the probability distribution , , and .Find .2 marks
- The discrete random variable has probability distribution for .Find .2 marks
- At a fairground, a player pays 4 AED to spin a wheel. The prize is 0 AED with probability 0.5, 6 AED with probability 0.3 and 10 AED with probability 0.2. Let be the prize in AED.Find .3 marks
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).