Basic Expected Value Problem (probability)

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Discussion Overview

The discussion revolves around calculating the expected value of the expression E[4 + 4X + X^2], given the expected value E[X] = 2 and variance Var(X) = 3. Participants explore the application of expected value and variance in this context, addressing confusion about the definitions and calculations involved.

Discussion Character

  • Technical explanation
  • Mathematical reasoning
  • Homework-related

Main Points Raised

  • One participant expresses confusion about the problem, particularly regarding the meaning of expected value and variance in the context of a polynomial function.
  • Another participant clarifies the definition of variance and provides the formula for expected value of sums, suggesting that the participant should be able to work it out.
  • Multiple participants point out errors in the placement of brackets and the interpretation of E(X) versus X, emphasizing the need to rearrange the variance equation to find E(X^2).
  • There is a discussion about the correct application of the formulas, with some participants asserting that E(4) = 4 and E(4X) = 8, while others caution against assuming values for the random variable X.
  • One participant calculates E(X^2) as 7 based on the variance and expected value, while others challenge the interpretation of the calculations and the meaning of equating to 7.
  • Participants debate whether the expected value should be calculated directly or if it involves equating to a specific value, with some suggesting that the final answer should be a numerical value derived from plugging in known quantities.
  • In the end, a participant arrives at a numerical answer of 19, confirming the calculations based on the values provided.

Areas of Agreement / Disagreement

There is no consensus on the approach to solving the problem, as participants express differing views on the interpretation of the calculations and the application of formulas. Confusion remains regarding the assumptions made about the random variable X and the expected value calculations.

Contextual Notes

Participants highlight limitations in understanding the definitions and relationships between expected value and variance, as well as the potential for misinterpretation of the equations involved.

shawn87411
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E[X]=2
Var(X)=3
Find E[4+4x+x^2]

I'm just confused what its asking. The expected value of this function is 2 so the average of it is 2 and the variance is how much it varies which is 3? Every example I have for expected values is related to an example such as cards, not just a polynomial
 
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The word variance seems to confuse you. By definition (almost) var(X)=E(X^2)-(E(X))^2.

Also as you should know, E(A+B+C)=E(A)+E(B)+E(C)

You should be able to work it out.
 
mathman said:
The word variance seems to confuse you. By definition (almost) var(X)=E(X^2)-(E(X))^2.

Also as you should know, E(A+B+C)=E(A)+E(B)+E(C)

You should be able to work it out.

So Var(x) = 3 = E(2^2-(E(4)+E(4x)+E(x^2))?

Sorry I had a bad flu the past week so I missed my monday and wednesday lecture and our book is pretty lackluster
 
Precisely.
 
No, in your working, the brackets are in the wrong place, and you've ended up saying X = 2 in the first part, rather than E(X) = 2.

Use the equations mathman said, rearrange your Var(X) equation to get E(X^2) = Var(X) + E(X)^2, and from there, its just plugging in what you already know.
 
mattgad said:
No, in your working, the brackets are in the wrong place, and you've ended up saying X = 2 in the first part, rather than E(X) = 2.

Use the equations mathman said, rearrange your Var(X) equation to get E(X^2) = Var(X) + E(X)^2, and from there, its just plugging in what you already know.

So I have 7=E(4)+E(4x)+E(x^2) but I'm confused what i do now. Do I plug in E(x)=2 so E(4x)=8 and E(x^2)=E(4)? if so where do you go from there, I'm just confused what I'm solving for
 
Your not 'solving'

I don't know where your getting this 7 from?

E(4)+E(4X)+E(X^2), as you've stated, is E(4) + 4E(X) + E(X^2), which is E(4) + 4E(X) + Var(X) + E(X)^2, all of which you have values for. Again, you've said E(X^2) = E(4), here your saying X = 2, but X is a random variable, you cannot assume a value for X.
 
E(X^2) = Var(X) + E(X)^2, with Var(X)=3 and E(X)^2=4 so 4+3 gives the 7.

So do you not solve anything and it stays at 7=E(4)+4E(X)+E(X^2)?
 
All your doing is working out the value of E[4+4X+X^2], and your using the fact that E(X^2) = 7 to help you, your not equating anything to 7.
 
  • #10
Your just trying to find the expected value of 4+4x+x^2, so all I have to say is E(4+4x+x6x^2)=E(4)+4E(x)+Var(X)+E(X^2)? Thats it? You don't say Var(X)=3 and E(X^2)=4 and plug that in?
 
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  • #11
You've got to plug in the numerical values you know for E(4), E(X), Var(X) and E(X^2) to get a numerical answer.
 
  • #12
E(4)=4
E(X)=2
Var(X)=3
E(X^2)=4

E(4)+4E(X)+4E(X^2)=13?
 
  • #13
E(4+4X+X^2) = E(4) + 4E(X) + Var(X) + E(X)^2, as we discussed, I'm not sure where you've got your above equation from.
 
  • #14
Alright, I'm really confused. You said I know the values for E(4), E(X), Var(X) and E(X^2) and those need to be plugged in. You also said

E(4+4x+X^2) = E(4)+4E(X)+E(X^2) = E(4)+4E(X)+Var(X)+E(X)^2

Its given that E(X)=2, Var(X)=3. This gives E(X)^2=4 and I assumed E(4)=4? Plugging those in gives 4+(4*2)+3+4 which gives 19, is that the right approach? Forgot to multiply by 4 for that one term, typed the above one wrong, sorry. (I really appreciate the help)
 
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  • #15
E(4) is 4, yes.

So E(4)+4E(X)+Var(X)+E(X)^2 = 4 + 4*2 + 3 + 2^2 = 19
 

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