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As you do this homework, remember our "lessons for life":
Above all, please write things up yourself -- do your own work -- even if you're working with someone else. After all, you'll be writing the solutions up yourself on the exams....
We might start by taking a look at that first reading, on Probability. Let's see what lessons the author wants us to learn:
The set of "OutcomesPossible" is called the universe, or sample space. We often draw a picture to help us do our calculations, showing the universe, as well as those events that are "desired".
This leads to the idea of complementary events: if two events are complementary, then one or the other must happen, but not both.
So the sum of the probabilities of the complementary events must be 1:
Let's use a tree to create the universe. [We'll find trees very useful throughout the course, and we'll actually be studying them later as graphs.]
What's the probability that an 81-year-old female in Wood County, Ohio will survive another year?
That's the kind of question an insurance adjuster is concerned about, as am I: that's my mom!
An approximation can be obtained by looking at records for Wood County for the last year:
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The sample space or universe for a roll of two dice. |
Let's do a few more calculations:
How much would you have bet against me? Would you have made a smart bet?
"Odds" is an equivalent way of thinking about this probability: how much would you bet against my bet of $10 that there will be two people in this room with the same birthday?
Even money (odds)? If so, then you would be saying that the probability of there being two people with the same birthday is 1/2.
Essentially odds comes up when you look at an event and its complement. So in a horse race, for example, odds of 40 to 1 mean that in 41 races, your horse should win 1 time and other horses 40 times. So to get to odds from probability is pretty easy, actually: if the probabilities of the event is and hence the probabilities of the complement of the event is then the odds are 1 to 2 (just look at the numerators, as long as both probabilities share a common denominator).
Marilyn vos Savant said "Switch!" -- and she's the smartest person on the planet, right?
Sticking and switching are complementary strategies. One strategy will win, and one strategy will lose. Hence,
from which we conclude
Let's break into groups to play, and see if our theoretical answer is correct:
To give you more confidence in the answer (and perhaps to learn more!), we may consider extending the game: what if we have ten doors, one car, and nine donkeys. After you pick your door, Monty shows you eight doors with donkeys behind them. Would you switch for the remaining door? How much better is one strategy over the other?
You rub an old oil lamp and a genie appears. You ask for a wish - since you let him out of the lamp, after all. Reluctantly the genie agrees. You tell him you want the Royal Black Diamond - a famous gem worth millions of dollars. At your feet appear 27 identical - looking gems. You ask Mr Genie what is going on and he replies that you may take any one of the stones with you. They are identical in appearance, but the genie explains that the Royal Black is slightly heavier than the 26 fakes. At this you say, " Great I wish I had a way to weigh them!" The genie grants your wish and a magic balance scale appears at your feet. The genie explains that upon being used three times the scale will disappear. Can you find a way to choose the right gem from the 27?
With 8 stones we could put half on one side and half on the other and the heavier side will contain the RBD. Repeating this twice will leave us with the heaviest stone after 3 uses of the scale. Now how do we adapt this idea to 27 stones?
We could put some, say 10 gems on one side, 10 gems on the other side, and leave 7 off the scale. If one side of the scale is heavier, then it must contain the RBD. If neither side is heavier, then the RBD is among the 7 left off the scale. So we can learn about gems not on the scale! But we need to divide the gems up more carefully....