Question
Miguel is a golfer, and he plays on the same course each week. The following table shows the probability distribution for his score on one
Miguel is a golfer, and he plays on the same course each week. The following table shows the probability distribution for his score on one particular hole, known as the Water Hole.
Score | 3 | 4 | 5 | 6 | 7 |
Probability | 0.15 | 0.40 | 0.25 | 0.15 | 0.05 |
Let the random variable X represent Miguel’s score on the Water Hole. In golf, lower scores are better.
(a) Suppose one of Miguel’s scores from the Water Hole is selected at random. What is the probability that Miguel’s score on the Water Hole is at most 5? Show your work.
The name of the Water Hole comes from the small lake that lies between the tee, where the ball is first to hit, and the hole. Miguel has two approaches to hitting the ball from the tee, the shot hit, and the long hit. The short hit results in the ball landing before the lake. The values of X in the table are based on the short hit. The long hit, if successful, results in the ball traveling over the lake and landing on the other side.
b) A potential issue with the long hit is that the ball might land in the water, which is not a good outcome. Miguel thinks that if the long hit is successful, his expected value improves to 4.2. However, if the long hit fails and the ball lands in the water, his expected value would be worse and increases to 5.4.
(c) Suppose the probability of a successful long hit is 0.4. Which approach, the short hit or the long hit, is better in terms of improving the expected value of the score? Justify your answer.
(d) Let p represent the probability of a successful long hit. What values of p will make the long hit better than the short hit in terms of improving the expected value of the score? Explain your reasoning.
Step by Step Solution
3.50 Rating (163 Votes )
There are 3 Steps involved in it
Step: 1
a PX 5 PX 3 PX 4 PX 5 015 040 025 080 b Expected value of X is ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started