<< Chapter < Page Chapter >> Page >

Discrete distribution (playing card experiment)

Class Time:

Names:

    Student learning outcomes

  • The student will compare empirical data and a theoretical distribution to determine if an everyday experiment fits a discrete distribution.
  • The student will demonstrate an understanding of long-term probabilities.

    Supplies

  • One full deck of playing cards

Procedure

The experimental procedure is to pick one card from a deck of shuffled cards.

  1. The theoretical probability of picking a diamond from a deck is _________.
  2. Shuffle a deck of cards.
  3. Pick one card from it.
  4. Record whether it was a diamond or not a diamond.
  5. Put the card back and reshuffle.
  6. Do this a total of ten times.
  7. Record the number of diamonds picked.
  8. Let X = number of diamonds. Theoretically, X ~ B (_____,_____)

    Organize the data

  1. Record the number of diamonds picked for your class in [link] . Then calculate the relative frequency.
    x Frequency Relative Frequency
    0 __________ __________
    1 __________ __________
    2 __________ __________
    3 __________ __________
    4 __________ __________
    5 __________ __________
    6 __________ __________
    7 __________ __________
    8 __________ __________
    9 __________ __________
    10 __________ __________
  2. Calculate the following:
    1. x ¯ = ________
    2. s = ________
  3. Construct a histogram of the empirical data.
    This is a blank graph template. The x-axis is labeled Number of diamonds. The y-axis is labeled Relative frequency.

    Theoretical distribution

  1. Build the theoretical PDF chart based on the distribution in the Procedure section.
    x P ( x )
    0
    1
    2
    3
    4
    5
    6
    7
    8
    9
    10
  2. Calculate the following:
    1. μ = ____________
    2. σ = ____________
  3. Construct a histogram of the theoretical distribution.
    This is a blank graph template. The x-axis is labeled Number of diamonds. The y-axis is labeled Probability.

Using the data

Note

RF = relative frequency

Use the table from the Theoretical Distribution section to calculate the following answers. Round your answers to four decimal places.

  • P ( x = 3) = _______________________
  • P (1< x <4) = _______________________
  • P ( x ≥ 8) = _______________________

Use the data from the Organize the Data section to calculate the following answers. Round your answers to four decimal places.

  • RF ( x = 3) = _______________________
  • RF (1< x <4) = _______________________
  • RF ( x ≥ 8) = _______________________

Discussion questions

For questions 1 and 2, think about the shapes of the two graphs, the probabilities, the relative frequencies, the means, and the standard deviations.

  1. Knowing that data vary, describe three similarities between the graphs and distributions of the theoretical and empirical distributions. Use complete sentences.
  2. Describe the three most significant differences between the graphs or distributions of the theoretical and empirical distributions.
  3. Using your answers from questions 1 and 2, does it appear that the data fit the theoretical distribution? In complete sentences, explain why or why not.
  4. Suppose that the experiment had been repeated 500 times. Would you expect [link] or [link] to change, and how would it change? Why? Why wouldn’t the other table change?

Questions & Answers

Ayele, K., 2003. Introductory Economics, 3rd ed., Addis Ababa.
Widad Reply
can you send the book attached ?
Ariel
?
Ariel
What is economics
Widad Reply
the study of how humans make choices under conditions of scarcity
AI-Robot
U(x,y) = (x×y)1/2 find mu of x for y
Desalegn Reply
U(x,y) = (x×y)1/2 find mu of x for y
Desalegn
what is ecnomics
Jan Reply
this is the study of how the society manages it's scarce resources
Belonwu
what is macroeconomic
John Reply
macroeconomic is the branch of economics which studies actions, scale, activities and behaviour of the aggregate economy as a whole.
husaini
etc
husaini
difference between firm and industry
husaini Reply
what's the difference between a firm and an industry
Abdul
firm is the unit which transform inputs to output where as industry contain combination of firms with similar production 😅😅
Abdulraufu
Suppose the demand function that a firm faces shifted from Qd  120 3P to Qd  90  3P and the supply function has shifted from QS  20  2P to QS 10  2P . a) Find the effect of this change on price and quantity. b) Which of the changes in demand and supply is higher?
Toofiq Reply
explain standard reason why economic is a science
innocent Reply
factors influencing supply
Petrus Reply
what is economic.
Milan Reply
scares means__________________ends resources. unlimited
Jan
economics is a science that studies human behaviour as a relationship b/w ends and scares means which have alternative uses
Jan
calculate the profit maximizing for demand and supply
Zarshad Reply
Why qualify 28 supplies
Milan
what are explicit costs
Nomsa Reply
out-of-pocket costs for a firm, for example, payments for wages and salaries, rent, or materials
AI-Robot
concepts of supply in microeconomics
David Reply
economic overview notes
Amahle Reply
identify a demand and a supply curve
Salome Reply
i don't know
Parul
there's a difference
Aryan
Demand curve shows that how supply and others conditions affect on demand of a particular thing and what percent demand increase whith increase of supply of goods
Israr
Hi Sir please how do u calculate Cross elastic demand and income elastic demand?
Abari
Got questions? Join the online conversation and get instant answers!
Jobilize.com Reply

Get Jobilize Job Search Mobile App in your pocket Now!

Get it on Google Play Download on the App Store Now




Source:  OpenStax, Introductory statistics. OpenStax CNX. May 06, 2016 Download for free at http://legacy.cnx.org/content/col11562/1.18
Google Play and the Google Play logo are trademarks of Google Inc.

Notification Switch

Would you like to follow the 'Introductory statistics' conversation and receive update notifications?

Ask