Discuss case-fair game with an unfair coin

Assignment Help Basic Statistics
Reference no: EM131768115

Question: The probability that two or more of a system's 10 components fail between consecutive inspections is 0.005, while the probability that only one component fails is 0.1. When two or more components fail, a re-evaluation of the system is initiated during which all failed components, and those deemed unreliable, are replaced. Otherwise, components are replaced upon their failure. Find the probability that a system re-evaluation occurs before any component is individually replaced. (Hint. Let B = {system re-evaluation occurs}, C = {a component is individually replaced}, and consider a new experiment with reduced sample space A = B ∪ C. The desired probability is the probability of B in this new experiment. See also Example).

Example: Fair game with an unfair coin. Suppose that when a biased coin is flipped it results in heads with probability p. A fair game with such an unfair coin can be played as follows: Flip the coin twice. If the outcome is (H, H) or (T, T) ignore the outcome and flip the coin two more times. Repeat until the outcome of the two flips is either (H, T) or (T, H). Code the first of these outcomes as 1 and the second as 0. Prove that the probability of getting a 1 equals 0.5.

Reference no: EM131768115

Questions Cloud

Describe the consequences for the game : Efron's dice. Using arbitrary numbers on the sides of dice can have surprising consequences for the game described in the Exercise.
Discuss the major impacts of disasters and social effects : Discuss the major impacts of disasters, including physical, economic, environmental, psychological and social effects.
Find the probability that the participant will win big prize : Let's make a deal. In the game Let's Make a Deal, the host asks a participant to choose one of three doors. Behind one of the doors is a big prize.
What strategies can employed by american companies operating : What strategies can be employed by American companies operating in Asia to increase the effectiveness of OD initiatives?
Discuss case-fair game with an unfair coin : Fair game with an unfair coin. Suppose that when a biased coin is flipped it results in heads with probability p. A fair game with such an unfair coin can.
What is meant by a products contribution margin ratio : What is meant by a product's contribution margin ratio. How is this ratio useful in planning business operations
Probability that the next flat screen tv purchased is brand : Two major brands of flat screen TVs control 50% and 30% of the market, respectively. Other brands have the remaining 20% of the market.
Speculate on how firm the commitment was on the part : Speculate on how firm the commitment was on the part of UA to accept delivery of the planes
Describe the different types of labor unions : Describe the different types of labor unions, how labor relations are related to labor unions, and their impact within various industries.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd