Consider five consecutive integers, for example: 1, 2, 3, 4, 5.
The random variable X represents the absolute difference between any two randomly chosen integers from this set.
Possible absolute differences between any two chosen numbers are:
All possible differences and their probabilities are determined by counting occurrences.
After computing the probability distribution of X, the expected value (mean) is found to be:
E(X) = 2
Using the variance formula:
Var(X) = E(X²) - (E(X))²
After calculations, the variance of X is determined to be:
Var(X) = 1
If A is any event associated with sample space and if E1, E2, E3 are mutually exclusive and exhaustive events. Then which of the following are true?
(A) \(P(A) = P(E_1)P(E_1|A) + P(E_2)P(E_2|A) + P(E_3)P(E_3|A)\)
(B) \(P(A) = P(A|E_1)P(E_1) + P(A|E_2)P(E_2) + P(A|E_3)P(E_3)\)
(C) \(P(E_i|A) = \frac{P(A|E_i)P(E_i)}{\sum_{j=1}^{3} P(A|E_j)P(E_j)}, \; i=1,2,3\)
(D) \(P(A|E_i) = \frac{P(E_i|A)P(E_i)}{\sum_{j=1}^{3} P(E_i|A)P(E_j)}, \; i=1,2,3\)
Choose the correct answer from the options given below:
The sum of the payoffs to the players in the Nash equilibrium of the following simultaneous game is ............
Player Y | ||
---|---|---|
C | NC | |
Player X | X: 50, Y: 50 | X: 40, Y: 30 |
X: 30, Y: 40 | X: 20, Y: 20 |