Ivo Dinov UCLA Statistics, Neurology, LONI, UCLA Statistics |
|
STAT 13 (1a, 1b, 1c) |
Introduction to Statistical Methods for the Life and Health Science |
Department of Statistics |
Instructor: Ivo Dinov |
Homework 5 |
Due Date: Friday, Nov. 19, 2004 |
x | -$5 | $5 | $10 | $60 |
pr(X=x) | 0.581 | 0.346 | 0.064 | 0.009 |
- What are the values of E[X_bar] and SE[X_bar]?
- What is the approximate distribution of X_bar? What theorem was needed to decide this?
- Calculate the probability of, on average, making a positive return from placing one hundred separate bets with $5 stakes.
- Repeat the calculations above using 1,000, 5,000 and 10,000 bets.
- Create a scatter plot of probability that the mean return from playing Tai Sai is positive (on y-axis) versus number of bets (on x-axis). Comment on what the plot appears to show.
Sexual Content Ads |
n1=40 |
X1_bar=6.9 |
S1=1.87 |
General Audience Ads |
n2=58 |
X2_bar=5.1 |
S2=1.51 |
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