c) If the loaded coin has a probability of p > of giving A and 1 - p of giving B, where 2 should you set your threshold for your strategy to maximize your probability of winning in a game of N flips? d) Taking p = 0.75 as before, if you could specify in advance how many flips you wanted before guessing the coin, how many flips should you ask for if you wanted to as few flips as possible but at least a 90% chance of winning? (assume you use an optimal threshold)

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.8: Probabilities Of Disjoint And Overlapping Events
Problem 2C
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Answer the following questions accordingly. Thanks in advance!

As you are in gym class, you find out that your classmates are playing a game. A player will
show you two coins, one of which is fair (each outcome with equal probability), the other of
which is "loaded", giving side A with probability of 0.75 and side B with probability of 0.25.
The player will then select one of these coins at random and flip a number of times, at which
point you have to guess based on the results what coin it is.
You decide on the following strategy: Out ofN flips, if over half of them are A, you'll say it's
the loaded coin, otherwise you'll say it's the fair coin.
Transcribed Image Text:As you are in gym class, you find out that your classmates are playing a game. A player will show you two coins, one of which is fair (each outcome with equal probability), the other of which is "loaded", giving side A with probability of 0.75 and side B with probability of 0.25. The player will then select one of these coins at random and flip a number of times, at which point you have to guess based on the results what coin it is. You decide on the following strategy: Out ofN flips, if over half of them are A, you'll say it's the loaded coin, otherwise you'll say it's the fair coin.
c) If the loaded coin has a probability of p > of giving A and 1 - p of giving B, where
should you set your threshold for your strategy to maximize your probability of winning
in a game of N flips?
d) Taking p = 0.75 as before, if you could specify in advance how many flips you wanted
before guessing the coin, how many flips should you ask for if you wanted to as few flips
as possible but at least a 90% chance of winning? (assume you use an optimal threshold)
Transcribed Image Text:c) If the loaded coin has a probability of p > of giving A and 1 - p of giving B, where should you set your threshold for your strategy to maximize your probability of winning in a game of N flips? d) Taking p = 0.75 as before, if you could specify in advance how many flips you wanted before guessing the coin, how many flips should you ask for if you wanted to as few flips as possible but at least a 90% chance of winning? (assume you use an optimal threshold)
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