Question

Question 1 The random variable X is a payout table of a casino slot machine. The...

Question 1

The random variable X is a payout table of a casino slot machine. The probability mass function is given:

X   -5   0   2   10   20   40   60   1000
Probability   0.65   0.159   0.10   0.05   0.02   0.01   0.01   0.001
Find the standard deviation of the payout .

Question 2

The random variable X is a payout table of a casino slot machine. The probability mass function is given:

X   -5   0   2   10   20   40   60   1000
Probability   0.65   0.159   0.10   0.05   0.02   0.01   0.01   0.001
Please simulate the results for playing the slot machine 10,000,000 times. Find the mean of these 10,000,000 simulated payout outcomes .

Question 3

In twenty prey visits on carnivorous plants, if the probability of a capture in one visit is 0.2, what is the probability to have 3 to 6 captures ,
or P(3 less or equal than X less or equal than 6).

Question 4

If the probability of a capture is 0.2 when a prey visits on carnivorous plants, find is the probability that there are 5 or more visits until the 3 captures.
Hint: negative binomial, and find prob that the number of failures (no captures) is 2 or more.
1 - P( the number of no captures is no more than 1)

Please help solve these last four questions I have. They must be calculated using R.

Homework Answers

Answer #1

1)

x P(x) x * P(x) x2 P(x)
-5 0.65 -3.25 16.25
0 0.159 0 0
2 0.1 0.2 0.4
10 0.05 0.5 5
20 0.02 0.4 8
40 0.01 0.4 16
60 0.01 0.6 36
1000 0.001 1 1000
Sum 1 -0.15 1081.65

Mean = X * P(X)

= -0.15

Standard deviation =

=X 2 * P(X) - 2

=  1081.65 -(-0.15)2

= 32.89

standard deviation of the payout = 32.89

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