All mind maps topics

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

  1. The discrete random variable XX has the probability distribution P(X=1)=0.1P(X=1)=0.1, P(X=2)=0.3P(X=2)=0.3, P(X=3)=0.4P(X=3)=0.4 and P(X=4)=kP(X=4)=k.
    Find P(X≥3)P(X\geq3).2 marks
  2. The discrete random variable XX has probability distribution P(X=x)=x+418P(X=x)=\frac{x+4}{18} for x∈{1,2,3}x\in\{1,2,3\}.
    Find P(X≥2)P(X\geq2).2 marks
  3. 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 XX be the prize in AED.
    Find E(X)\mathrm{E}(X).3 marks
See the full worksheet

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).