
Sean W. answered 02/09/22
Student in Statistics with experience Teaching
Note: I am only addressing question 1 and I will be using R Markdown for some things.
1a. Because we can talk about X as the number of successes, it is appropriate to use the binomial or the beta distributions. I will use the binomial for this problem. For the binomial, we have x = number of successes, n = number of trials, and p = probability of success. I am assumming that n=3 in this problem, since no other information is given and if it is a fair coin, the probability of getting heads would be 0.5, since we only have 2 sides of a coin. Thus, our pmf can be defined as the following:
1b. The expected value and standard deviation of the binomial distribution are known to be np and √(np(1-p)), respectively. Thus, the expected value is 3*0.5=1.5 and the standard deviation is √(1.5(0.5))≈0.866