You are asked several probability/statistics questions.
1) Radioactive decay (half-life)
A radioactive atom has a half-life of 1 day. Assume each atom decays independently and decay follows an exponential distribution.
-
If you start with
n = 100
atoms, what is the probability distribution of the number of atoms still alive after
m = 10
days?
-
Compute:
-
the
expected
number of atoms still alive after 10 days
-
the probability that
at least one
atom is still alive after 10 days
-
Write a simulation: input
m
(days) and
n
(number of atoms) and output the
final state
of each atom (e.g., 1 = alive, 0 = decayed) after m days.
2) Population OLS coefficients
Let
-
y=x+ε
-
x∼N(0,1)
,
ε∼N(0,1)
-
x
and
ε
are independent.
Compute the population OLS slope (and intercept) for:
-
Regression A:
y
on
x
(i.e.,
y∼x
)
-
Regression B:
x
on
y
(i.e.,
x∼y
)
3) Monty Hall
In the classic Monty Hall problem with 3 doors (1 prize, 2 goats), after you pick a door the host opens a different door showing a goat and offers you the chance to switch.
What is the probability of winning if you switch vs if you stay? Briefly justify.
4) n-sided die: time to see all faces
You roll a fair die with n faces repeatedly.
What is the expected number of rolls required to observe all n faces at least once?