#--------------------------------------------------------- # File: MIT18_05S22_in-class4-script.txt # Author: Jeremy Orloff # # MIT OpenCourseWare: https://ocw.mit.edu # 18.05 Introduction to Probability and Statistics # Spring 2022 # For information about citing these materials or our Terms of Use, visit: # https://ocw.mit.edu/terms. # #--------------------------------------------------------- Class 4 Jerry Slide 1 Slide 2 Agenda/Announcements. (12 minutes) Finish squirrel problem Have slides from last time ready Give them 6 minutes to work --announce this with problem Slide 3 Review (2 minutes) Just state. They will get practice in concept questions and later Note: We the cdf will be much more prominent when we do continuous distributions Slide 4 Example random variable as payoff function (5 minutes) --Story: roll 4-sided die: pay -2, -1, 0, 4 for 1,2,3,4 Discuss notation X=a, X<=a THERE IS A PAUSE IN THIS SLIDE. Do question about F(a) and p(a) as call and response Show answers after pause Slide 5 Properties of PMF and CDF (2 minutes) 0 <= pdf <=1, sums to 1 cdf: increasing from 0 to 1 Slide 6 Plot of pmf and cdf (1 minute) Just note the properties Slide 7 CONCEPT questions, cdf, pdf (1 minute each.) PAUSED slide There are 2 of them separated by a PAUSE DON'T DWELL ON THESE For problem 2: can write on board: P(X=3) = F(3) - F(1) --but don't dwell Slide 8 Meaning of expected value (6 minutes) Slide is crammed with text. This is for reading outside of class. Let the class know this is for reading later. Do not go through the preliminary 5 experiment example. Go through the expected part carefully Slide 9 Expected value definition (3 minutes) Definition and properties Just note that the properties follow easily from the definition and are in the reading. Slide 10 Expected value examples (6 minutes) PAUSED SLIDE (6 slides) Do these as table questions ex 1. Just have them say what they would compute e.g. 3*1/4 + 4*1/2 + 5*1/8 + 6*1/8 ex 2. They should compute to answer ** Important result DON'T DWELL. This is also a later board question ex 3. Ask for numerical answer If after 3:15 skip this in favor of helping them through the similar board question. Slide 11 E[h(X)] example (2 minutes) Several pauses in this slide (3 slides) Do E(X) as table question Show answer Do E(X^2+X) as a table question Show answer -- point out line 5 comment Jerry: introduce, Jen: discussion Slide 12, 13 BOARD questions (15 minutes: 10 work, 5 discussion DO BOTH BEFORE DISCUSSING Stay standing for next problem. 10 minutes for work, 5 minutes discussion. Take display off full screen so can show both ** No need to discuss 1 if they all get it. ** For 2, no need to compute the expected payouts. Just discuss the framing bias Jen Slide 14 BOARD question (10 minutes: 5 work, 5 discussion) Discussion: Do by linearity of expectation. Notes: A permutation where no one ends up in the correct position is called a derangment Slides 15-17 Deluge of distributions (3 minutes) Emphasize importance of understanding Bernoulli Describing Binom as a sum of Bernoulli -- this is where the time will be spent. No repetition! Assure them that we will have lots of practice with these distributions Don't dwell on geometric --we'll see plenty of it in the future Realistically we might not get here Slide 18 Board questions (10 minutes) Do the problems. Solutions on Tuesday --------------------- There won't be time Slides 19-20 Fallacies Monte Carlo 1913 --came up black 26 times in a row By #15 people were betting big on red. Doubling and tripling bets in belief that red was more and more likely House made a lot of money HOT HAND --maybe Slide 21 Amnesia ONLY IF TIME (HAHA) Prove this for them.