.Dereck of the YouTube channel Veritasium offered to play the following Game with people on the streets of Australia (since that's where he lived at the time). Dereck would flip a coin. You would call the result either Heads or Tails. If you called it correct Dereck would give you 20 AUS dollars. If you called it wrong you owed Dereck 10 AUS Dollars (see this video to see how people reacted to the offer). Since you call it in the air we make the (simplifying) assumption the coin is Fair.
.Dereck of the YouTube channel Veritasium offered to play the following Game with people on the streets of Australia (since that's where he lived at the time). Dereck would flip a coin. You would call the result either Heads or Tails. If you called it correct Dereck would give you 20 AUS dollars. If you called it wrong you owed Dereck 10 AUS Dollars (see this video to see how people reacted to the offer). Since you call it in the air we make the (simplifying) assumption the coin is Fair.
MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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![4. Dereck of the YouTube channel Veritasium offered to play the following Game with
people on the streets of Australia (since that's where he lived at the time). Dereck
would flip a coin. You would call the result either Heads or Tails. If you called it
correct Dereck would give you 20 AUS dollars. If you called it wrong you owed
Dereck 10 AUS Dollars (see this video to see how people reacted to the offer).
Since you call it in the air we make the (simplifying) assumption the coin is Fair.
A. What is the Expected Outcome playing the game?
B. What is the Expected Outcome for playing this game 10 times?
C. Since each flip can assumed to be fair, we can model the number of Wins and
Losses by a Binomial Distribution. Create a Probability Density Function for the
number of wins and loses you will have with 10 flips.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb60b9619-24ed-498e-913b-12564ee6fa56%2F5e2cdb0e-1c62-46d1-b3fa-24a006b272ed%2Foinxr8rn_processed.jpeg&w=3840&q=75)
Transcribed Image Text:4. Dereck of the YouTube channel Veritasium offered to play the following Game with
people on the streets of Australia (since that's where he lived at the time). Dereck
would flip a coin. You would call the result either Heads or Tails. If you called it
correct Dereck would give you 20 AUS dollars. If you called it wrong you owed
Dereck 10 AUS Dollars (see this video to see how people reacted to the offer).
Since you call it in the air we make the (simplifying) assumption the coin is Fair.
A. What is the Expected Outcome playing the game?
B. What is the Expected Outcome for playing this game 10 times?
C. Since each flip can assumed to be fair, we can model the number of Wins and
Losses by a Binomial Distribution. Create a Probability Density Function for the
number of wins and loses you will have with 10 flips.
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