SOLUTION: any ideas to solve this?
Flipping a coin 10 times. The crown currency brings with probability 0.57. If we total k heads you win 2 ^ k €.
What is the average profit in this game
Algebra.Com
Question 733667: any ideas to solve this?
Flipping a coin 10 times. The crown currency brings with probability 0.57. If we total k heads you win 2 ^ k €.
What is the average profit in this game?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Flipping a coin 10 times. The crown currency brings with probability 0.57. If we total k heads you win 2 ^ k €.
What is the average profit in this game?
------
P(k heads) = 10Ck(0.57)^k*(0.43)^(10-k)
------
Average profit = k = k[10!/(10-k)!*k!*k(0.57)^k*0.43^(10-k)]
---------------
Cheers,
Stan H.
RELATED QUESTIONS
Probability question
If we flip one coin with the probability of heads of 0.7 followed... (answered by stanbon)
Flipping a coin 3 times and we want to get 1 tail and 2 heads, what is the probability of (answered by Edwin McCravy)
how can i solve this quiz?
Flipping a fair coin 4 times. We win x euros when we bring x... (answered by stanbon)
your friend decides to flip a coin repeatedly to analyze whether the probability of a... (answered by ramkikk66)
What is the probability that you will get heads four times in a row when flipping a fair... (answered by ewatrrr)
You flipped a coin 70 times and recorded 23 heads. What is the experimental probability... (answered by Boreal)
What is the formula to solve the following:
What is the probability of getting a tail... (answered by Theo)
Alex flips a BIASED coin (with probability of landing on Heads equal to 1/10) until Heads (answered by Boreal)
Flipping a coin 3 times and we want to get 1 tail and 2 heads, what is the event of... (answered by fractalier)