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Fred wants to travel from Blotchville to Blissville, and is deciding between 3 options
Chapter 9, Problem 1(choose chapter or problem)
Fred wants to travel from Blotchville to Blissville, and is deciding between 3 options (involving dierent routes or dierent forms of transportation). The jth option would take an average of j hours, with a standard deviation of j hours. Fred randomly chooses between the 3 options, with equal probabilities. Let T be how long it takes for him to get from Blotchville to Blissville. (a) Find E(T). Is it simply (1 + 2 + 3)/3, the average of the expectations? (b) Find Var(T). Is it simply (2 1 + 2 2 + 2 3)/3, the average of the variances.
Questions & Answers
QUESTION:
Fred wants to travel from Blotchville to Blissville, and is deciding between 3 options (involving dierent routes or dierent forms of transportation). The jth option would take an average of j hours, with a standard deviation of j hours. Fred randomly chooses between the 3 options, with equal probabilities. Let T be how long it takes for him to get from Blotchville to Blissville. (a) Find E(T). Is it simply (1 + 2 + 3)/3, the average of the expectations? (b) Find Var(T). Is it simply (2 1 + 2 2 + 2 3)/3, the average of the variances.
ANSWER:Step 1 of 3
Given that,
Fred decides to travel from Blotchville to Blissville, and is deciding between 3 options (involving different routes or different forms of transportation). The option would take an average of hours, with a standard deviation hours. Fred randomly chooses between the 3 options, with equal probabilities. Let be how long it takes for him to get from Blotchville to Blissville.
Fred is deciding between 3 choices.
Defining with equal probabilities respectively.