We have an ordered sequence of 12 Good accounts and 5 Bad accounts as below. How many "flips" do we need to get to a perfectly ordered sequence? GBB GBBGGGGGGB GGGG How many flips would we need, on average, from a random ordering of the Good and Bad cases? Therefore, what value of Gini would you attach to this ordered set?

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter14: Counting And Probability
Section14.1: Counting
Problem 89E
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We have an ordered sequence of 12 Good accounts and 5 Bad accounts as below.
How many "flips" do we need to get to a perfectly ordered sequence?
GBB GBBGGGGGGBGGG G
How many flips would we need, on average, from a random ordering of the Good and Bad
cases?
Therefore, what value of Gini would you attach to this ordered set?
Transcribed Image Text:We have an ordered sequence of 12 Good accounts and 5 Bad accounts as below. How many "flips" do we need to get to a perfectly ordered sequence? GBB GBBGGGGGGBGGG G How many flips would we need, on average, from a random ordering of the Good and Bad cases? Therefore, what value of Gini would you attach to this ordered set?
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