📝 Chapter 4: Probability — Theoretical & Empirical

Assessment AS Learning — Practice Quiz
🔄 Not Graded — Unlimited Retakes
Purpose: Self-check probability fundamentals: theoretical/empirical/subjective, conditional probability, expected value, variance.
Score: 0 / 12
Topic 4.1 — Theoretical & Empirical Probability
Question 1
A coin is flipped 1000 times and lands on heads 540 times. What type of probability is \( \dfrac{540}{1000} = 0.54 \)?
Solution:
This is empirical probability — based on observed data from repeated experiments. The theoretical probability is 0.5.
Question 2
Two fair dice are rolled. What is the theoretical probability that the sum is 7?


Solution:
Sample space: 36 outcomes. Sum = 7: (1,6),(2,5),(3,4),(4,3),(5,2),(6,1) — 6 outcomes. \( P = \dfrac{6}{36} = \dfrac{1}{6} \approx 0.167 \).
Topic 4.2 — Conditional Probability
Question 3
If \( P(A) = 0.5 \), \( P(B) = 0.4 \), \( P(A \cap B) = 0.2 \), then \( P(B \mid A) = ? \)


Solution:
\( P(B \mid A) = \dfrac{P(A \cap B)}{P(A)} = \dfrac{0.2}{0.5} = 0.4 \).
Question 4
A card is drawn from a deck. Given that it is a face card, what is the probability it is a King?
Solution:
Given face card (12 face cards), 4 are Kings. \( P(K \mid F) = \dfrac{4}{12} = \dfrac{1}{3} \).
Topic 4.3 — Discrete Probability Distributions
Question 5
A random variable \( X \) has the distribution:
\( X = 0 \): \( P = 0.2 \)   \( X = 1 \): \( P = 0.3 \)   \( X = 2 \): \( P = 0.4 \)   \( X = 3 \): \( P = 0.1 \)
Verify it is valid by checking the sum. Then find \( P(X \ge 2) \).


Solution:
Sum: \( 0.2+0.3+0.4+0.1 = 1.0 \) ✓. \( P(X \ge 2) = P(2) + P(3) = 0.4 + 0.1 = 0.5 \).
Topic 4.4 — Expected Value
Question 6
A game costs $5 to play. You roll a single die. If you roll a 6, you win $20. Otherwise, you win nothing. Find the expected NET value (winnings minus cost) per play.


Solution:
\( E(\text{net}) = \dfrac{1}{6}(20 - 5) + \dfrac{5}{6}(0 - 5) = \dfrac{15}{6} - \dfrac{25}{6} = -\dfrac{10}{6} \approx -\$1.67 \). The game is unfair (loses money on average).
Question 7
A random variable \( X \) takes values 1, 2, 3 with probabilities 0.2, 0.5, 0.3. Find \( E(X) \).


Solution:
\( E(X) = 1(0.2) + 2(0.5) + 3(0.3) = 0.2 + 1.0 + 0.9 = 2.1 \).
Topic 4.5 — Variance & Standard Deviation
Question 8
For \( X \) in Q7, find \( E(X^2) \).


Solution:
\( E(X^2) = 1^2(0.2) + 2^2(0.5) + 3^2(0.3) = 0.2 + 2.0 + 2.7 = 4.9 \).
Question 9
For \( X \) in Q7, find \( \mathrm{Var}(X) = E(X^2) - [E(X)]^2 \).


Solution:
\( \mathrm{Var}(X) = 4.9 - (2.1)^2 = 4.9 - 4.41 = 0.49 \). So \( \sigma = \sqrt{0.49} = 0.7 \).
Mixed
Question 10
A bag has 3 red and 5 blue marbles. Two are drawn without replacement. What is \( P(\text{both red}) \)? (decimal to 4 places)


Solution:
\( P = \dfrac{3}{8} \cdot \dfrac{2}{7} = \dfrac{6}{56} = \dfrac{3}{28} \approx 0.1071 \).
Question 11
An insurance company pays $10 000 if a customer dies during the year. The probability of death is 0.001. To make the policy fair (zero expected profit), what should the premium be?


Solution:
Expected payout = \( 0.001 \times 10\,000 = \$10 \). Fair premium = $10. (Real premiums are higher to cover overhead and profit.)
Question 12
In a 30-question MC test (4 choices each), a student guesses on every question. The expected number correct is:


Solution:
\( E = np = 30 \cdot \tfrac{1}{4} = 7.5 \).