In: Statistics and Probability
A slot machine has 5 reels each with 9 symbols one of which is a Jackpot.
How many different outcomes will occur after one spin?
What is the possibility of atleast one jackpot?
What is the possibility of no jackpots?
What is the possibility of 3 jackpots?
a) The number of different outcomes that can occur in a spin is
computed here as: (Using multiplication rule)
= Number of different outcomes in the first reel* Number of second
outcome in the second reel and so on..
= 9*9*....... 5 times
= 95
= 59049
Therefore 59049 different outcomes are possible here.
b) The probability of at least one jackpot is computed here
as:
= Total number of possible outcomes - Total number of outcomes with
no jackpots
= 59049 - 8*8*... 5 times
= 59049 - 85 = 26281
Therefore there are 26281 outcomes with at least one jackpot
here. Therefore the probability of at least one jackpot is computed
here as:
= Total outcomes with at least one jackpot / Total outputs
= 26281 / 59049
= 0.4451
Therefore 0.4451 is the required probability here.
c) For no jackpots, the probability is computed here as:
= 1 - Probability of at least one jackpot
= 1 - 0.4451
= 0.5549
Therefore 0.5549 is the required probability here.
d) The probability of 3 jackpots is computed here as:
= Number of ways to select 3 reel out of the 5 reels which will
have the jackpots * Number of ways to select an outcome for each of
the remaining 2 reels / Total outcomes possible
Therefore 0.0108 is the required probability here.