Question

In: Statistics and Probability

If possible, please type up or scan the page. Suppose a box contains five coins (numbered...

If possible, please type up or scan the page.

Suppose a box contains five coins (numbered 1, 2, 3, 4 and 5) but each coin has a different probability of obtaining a head when it is tossed. Let the pi be given by 0,1/4,1/2,3/4 and 1.0, respectively for the coins, indexed by i=1,…,5.

1. Suppose a coin is randomly chosen from the box (i.e. each coin has the same probability of being chosen) and tossed. It shows a head. What are the posterior probabilities that the coin was number i?

2. If that coin were tossed again what is the probability of obtaining another head.

3. Suppose a tail had been obtained on the first toss, and the coin were tossed again. What is the probability a head would be obtained on the second toss?

Solutions

Expert Solution

Solution;


Related Solutions

A box contains 4 tickets. 1 ticket is numbered 0, 1 ticket is numbered 1, and...
A box contains 4 tickets. 1 ticket is numbered 0, 1 ticket is numbered 1, and 2 tickets are numbered 2. Suppose n draws with replacement are made from this box. Let Sn be the sum of the numbers drawn. a) Approximate the probability P(S100=100)
A box contains 5 fair coins, 4 coins that land heads with probability 1/3 , and...
A box contains 5 fair coins, 4 coins that land heads with probability 1/3 , and 1 coin that lands heads with probability 1/4 . A coin is taken from the box at random and flipped repeatedly until it has landed heads three times. Let X be the number of times that the coin is flipped and Y be the probability that the coin lands heads. (a) Find the random variables E(X|Y ) and var(X|Y ) in terms of Y...
A box contains 5 fair coins, 4 coins that land heads with probability 1/3 , and...
A box contains 5 fair coins, 4 coins that land heads with probability 1/3 , and 1 coin that lands heads with probability 1/4 . A coin is taken from the box at random and flipped repeatedly until it has landed heads three times. Let X be the number of times that the coin is flipped and Y be the probability that the coin lands heads. (a) Find the random variables E(X|Y ) and var(X|Y ) in terms of Y...
A box contains 5 fair coins, 4 coins that land heads with probability 1/3 , and...
A box contains 5 fair coins, 4 coins that land heads with probability 1/3 , and 1 coin that lands heads with probability 1/4 . A coin is taken from the box at random and flipped repeatedly until it has landed heads three times. Let X be the number of times that the coin is flipped and Y be the probability that the coin lands heads. (a) Find the random variables E(X|Y ) and var(X|Y ) in terms of Y...
Three hats each contain ten coins. Hat 1 contains two gold coins, five silver coins and...
Three hats each contain ten coins. Hat 1 contains two gold coins, five silver coins and three copper coins. Hat 2 contains four gold coins and six silver coins. Hat 3 contains three gold coins and seven copper coins. We randomly select one coin from each hat. (a) The outcome of interest is the colour of each of the three selected coins. List the complete sample space of outcomes and calculate the probability of each. (b) Let X be the...
Three hats each contain ten coins. Hat 1 contains two gold coins, five silver coins and...
Three hats each contain ten coins. Hat 1 contains two gold coins, five silver coins and three copper coins. Hat 2 contains four gold coins and six silver coins. Hat 3 contains three gold coins and seven copper coins. We randomly select one coin from each hat. (a) The outcome of interest is the color of each of the three selected coins. List the complete sample space of outcomes and calculate the probability of each. (b) Let X be the...
expected value and variance for the described distribution? 5. Suppose that a box contains five red...
expected value and variance for the described distribution? 5. Suppose that a box contains five red balls and ten blue balls. If seven balls are selected at random without replacement, what is the probability that at least 4 red balls will be obtained? Let X denote the proportion of red balls in the sample what are the mean and variance of X?
expected value and variance for the described distribution? 5. Suppose that a box contains five red...
expected value and variance for the described distribution? 5. Suppose that a box contains five red balls and ten blue balls. If seven balls are selected at random without replacement, what is the probability that at least 4 red balls will be obtained? Let X denote the proportion of red balls in the sample what are the mean and variance of X?
A box contains 4 quarters, 3 dimes, and 2 nickels. a. Two coins are selected at...
A box contains 4 quarters, 3 dimes, and 2 nickels. a. Two coins are selected at random without replacement one at a time. Compute the probability that the first coin is a dime and the second is a nickel. b. Three coins are selected at random with replacement. Compute the probability that at least one of them is a nickel. c. Construct a probability distribution of the number of quarters selected for a procedure of selecting three coins without replacement....
A box contains 4 quarters, 3 dimes, and 2 nickels. a. Two coins are selected at...
A box contains 4 quarters, 3 dimes, and 2 nickels. a. Two coins are selected at random without replacement one at a time. Compute the probability that the first coin is a dime and the second is a nickel. b. Three coins are selected at random with replacement. Compute the probability that at least one of them is a nickel. c. Construct a probability distribution of the number of quarters selected for a procedure of selecting three coins without replacement....
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT