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Download 7.4 Mean and Standard Deviation of a Random Variable
		                    
		                    
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					7.4 Mean and Standard Deviation of a Random Variable Sunday, May 14, 2017 Vocabulary • Mean value,  x , describes where the probability distribution is centered. • Standard deviation,  x , describes variability in the probability distribution. When  xis small (little variability) values of x tend to be close to  x and when  xis large (more variability) values of x tend to be farther away from  x • (Remember x and s are for a sample and  x and  x are for a population and in a probability distribution we know all possible outcomes. “mean of the random variable x” and “mean of the probability distribution of x” are interchangeable/mean the same thing “Standard deviation of the probability distribution of x” and “ std. dev. of the random variable x” are interchangeable as well. Look at figure 7.10 on page 367 Discrete • Mean value (expected value):  x x  x px  bgbg all possible x values • Ex. 7.8 Exam Attempts pg. 369 • Ex. 7.9 Apgar Scores pg. 370 Discrete • Standard deviation  x • Ex. 7.10 Defective Components • Variance:  2 x  x  bx  gpbg 2 all possible x values • Ex. 7.11 Defective Components Revisited • Ex. 7.12 More on Apgar Scores Continuous •  x and  x are defined and calculated using calculus we won’t be calculating them only interpreting them and they have the same meanings as in the discrete case. • Ex. 7.13 Mean and Variance of Linear Functions and Linear Combinations (rules for means and variances) • What happens to a mean when we add to a data set? Add same to the mean • What happens to a mean when we multiply a data set by some factor? Multiple same to mean • What happens to standard deviation when we add to a data set? Nothing – stays the same • What happens to standard deviation when we multiply a data set by some factor? Multiply the variance by the square of the factor and then square root. *always work with the variance and then square root back. • Example pg. 374-375 • Combining random variables - adding sets, add means. Subtracting sets, subtracting means – for independent r.v.’s - add variances • Ex. 7.14 Freeway traffic • Ex. 7.15 combining exam subscores • Ex. 7.16 Luggage weights