In: Statistics and Probability
A fast-food chain randomly attaches coupons for prizes to the
packages used to serve french fries. Most of the coupons say “Play
again,” but a few are winners. Seventy-five percent of the coupons
pay nothing, with the rest evenly divided between “Win a free order
of fries” and “Win a free sundae.” (a) If each member of a family
of three orders fries with her or his meal, what is the probability
that someone in the family is a winner?
(b) What is the probability that one member of the family gets a
free order of fries and another gets the sundae? The third wins
nothing.
(c) The fries normally cost $1 and the sundae $2. What are the
chances of the family winning $5 or more in prizes?
Solution
Back-up Theory
If X ~ B(n, p). i.e., X has Binomial Distribution with parameters n and p, where n = number of trials and p = probability of one success, then
probability mass function (pmf) of X is given by
p(x) = P(X = x) = (nCx)(px)(1 - p)n – x, x = 0, 1, 2, ……. , n …………………..(1)
Now to work out the solution,
Seventy-five percent of the coupons pay nothing, with the rest evenly divided between “Win a free order of fries” and “Win a free sundae.
=> probability of winning a prize = 1 – 0.75 (i.e., 75%) = 0.25 ……………………………….. (3)
and of this,
probability of winning a free order of fries = 0.25/2 = 0.125 ………………………………….. (4)
and probability of winning a sundae = 0.25/2 = 0.125 ………………………………………….. (5)
let X = Number of members of a family of 3 winning a prize. Then,
X ~ B(3, 0.125) for free order of fries and for sundae separately………………………………….. (6)
X ~ B(3, 0.25) for a prize …………………………………………………………………………. (7)
Part (a)
Probability that someone in the family is a winner
= 1 – P(none is a winner)
= 1 – P(X = 0) [vide (7)]
= 1 - (3C0)(0.250)(0.75)3 [vide (1)]
= 1 – 0.421875
= 0.5781 Answer
Part (b)
Probability that one member of the family gets a free order of fries, another gets the sundae and the third wins nothing
= 6 x 0.125 x 0.125 x 0.75 [(3), (4) and (5), factor 6 is due to the 3! Arrangements among the three members.]
= 0.072 Answer
Part (c)
Given fries normally cost $1 and the sundae $2, the chances of the family winning $5 or more in prizes
= chances of two members winning a sundae each and the third winning a free fries or all three members winning a sundae each
= {(3C2)(0.125)2(0.125)} + (0.125)3
= 0.0078125 Answer
DONE