Gatto’s Mini Casino has three slot machines. Two of the machines are working correctly: you win 50% of the time. However, the third machine is broken: you win only 20% of the time. The machines look identical from the outside, so you cannot tell which one is broken. (a) Joannie picks one of the machines uniformly at random. What is the probability of winning if she plays the game once? If instead she plays the game twice (on the same machine), what is the probability she wins both games? (b) Suppose Joannie sits picks one of the machines uniformly and plays it twice. If she wins both times (lucky!), What is the probability that Joannie’s machine is the broken machine? (c) Now suppose that if you play the game and win, you get a payout of $10; otherwise you win nothing. Suppose that Joannie chooses one of the slot machines uniformly at random and then plays the game twice on that machine. What is Joannie’s expected payout

Gatto’s Mini Casino has three slot machines. Two of the machines are working correctly: you win 50% of the time. However, the third machine is broken: you win only 20% of the time. The machines look identical from the outside, so you cannot tell which one is broken. (a) Joannie picks one of the machines uniformly at random. What is the probability of winning if she plays the game once? If instead she plays the game twice (on the same machine), what is the probability she wins both games? (b) Suppose Joannie sits picks one of the machines uniformly and plays it twice. If she wins both times (lucky!), What is the probability that Joannie’s machine is the broken machine? (c) Now suppose that if you play the game and win, you get a payout of $10; otherwise you win nothing. Suppose that Joannie chooses one of the slot machines uniformly at random and then plays the game twice on that machine. What is Joannie’s expected payout

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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