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A 750+ treat

Expert replies
by sanju09 » Fri Feb 20, 2009 3:21 am
Three fair coins are labeled with a zero (0) on one side and a one (1) on the other side. Jimmy flips all three coins at once and computes the sum of the numbers displayed. He does this over 1000 times, writing down the sums in a long list. What is the expected standard deviation of the sums on this list?
(A) 1/2
(B)3/4
(C)sqrt3/2
(D)sqrt5/2
(E) 5/4
The mind is everything. What you think you become. –Lord Buddha



Sanjeev K Saxena
Quantitative Instructor
The Princeton Review - Manya Abroad
Lucknow-226001

www.manyagroup.com
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Source: — Problem Solving |

Re: A 750+ treat

by billzhao » Fri Feb 20, 2009 4:02 am
sanju09 wrote:Three fair coins are labeled with a zero (0) on one side and a one (1) on the other side. Jimmy flips all three coins at once and computes the sum of the numbers displayed. He does this over 1000 times, writing down the sums in a long list. What is the expected standard deviation of the sums on this list?
(A) 1/2
(B)3/4
(C)sqrt3/2
(D)sqrt5/2
(E) 5/4
Answer is (D).

There will be four cases for flipping all three coins:
(1) All "Zero" => sum=0
(2) One "One" and two "Zero" => sum=1
(3) Two "One" and one "Zero" => sum=2
(4) All "One" => sum=3

The expected result is:

250 times for each situation for 1000 times.

Thus the question asks us to find the standard derivation for a series where there are 1000 integers, including 250 "0", 250 "1", 250 "2" and 250 "3)

From these information, we can find the average = 1.5 and standard derivation = sqrt(5)/2
Yiliang
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Re: A 750+ treat

by sanju09 » Fri Feb 20, 2009 4:07 am
billzhao wrote:
sanju09 wrote:Three fair coins are labeled with a zero (0) on one side and a one (1) on the other side. Jimmy flips all three coins at once and computes the sum of the numbers displayed. He does this over 1000 times, writing down the sums in a long list. What is the expected standard deviation of the sums on this list?
(A) 1/2
(B)3/4
(C)sqrt3/2
(D)sqrt5/2
(E) 5/4
Answer is (D).

There will be four cases for flipping all three coins:
(1) All "Zero" => sum=0
(2) One "One" and two "Zero" => sum=1
(3) Two "One" and one "Zero" => sum=2
(4) All "One" => sum=3

The expected result is:

250 times for each situation for 1000 times.

Thus the question asks us to find the standard derivation for a series where there are 1000 integers, including 250 "0", 250 "1", 250 "2" and 250 "3)

From these information, we can find the average = 1.5 and standard derivation = sqrt(5)/2
:( so sorry, D is not the OA!
The mind is everything. What you think you become. –Lord Buddha



Sanjeev K Saxena
Quantitative Instructor
The Princeton Review - Manya Abroad
Lucknow-226001

www.manyagroup.com
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rep

by naaga » Fri Feb 20, 2009 5:55 am
How can you anticipate each happens exactly 250 times, it is not the possible answer.
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Re: rep

by sanju09 » Fri Feb 20, 2009 6:36 am
naaga wrote:How can you anticipate each happens exactly 250 times, it is not the possible answer.
True
The mind is everything. What you think you become. –Lord Buddha



Sanjeev K Saxena
Quantitative Instructor
The Princeton Review - Manya Abroad
Lucknow-226001

www.manyagroup.com
Join the discussion

by Mr2Bits » Fri Feb 20, 2009 6:42 am
Sum will be 0-3. Mean is 1.5

Standard deviation will be ((0-1.5)^2 + (1-1.5)^2 + (2-1.5)^2 + (3-1.5)^2)/4

Answer is 5/4 E
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by odod » Fri Feb 20, 2009 7:52 am
Please post the answer in the OG.


Thanks.
ODOD
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by odod » Fri Feb 20, 2009 8:11 am
Please post the answer in the OG.


Thanks.
ODOD
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by odod » Fri Feb 20, 2009 8:13 am
Please post the answer in the OG.


Thanks.
ODOD
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by ontopofit » Fri Feb 20, 2009 8:43 am
i think its A; sd= 1/2....(most probable).....

OA?
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by gabriel » Fri Feb 20, 2009 9:46 am
It is C = root3/2 ..

The 4 possible sums are 0, 1, 2, 3

The probability of it being 0 is 1/8
The probability of it being 1 is 3/8
The probability of it being 2 is 3/8
The probability of it being 3 is 1/8

So the mean is (0*1+1*3+2*3+3*1)/8 = 1.5

The variance = (0-1.5)^*1/8 + (1-1.5)^2*3/8+(2-1.5)^2*3/8+(3-1.5)^2*1/8 = 3/4

Standard deviation = root (variance) = (root 3)/2
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by kanha81 » Fri Feb 20, 2009 2:19 pm
Gabriel,

I did not understand the part where you computed the probab. of the {0,1,2,3}. Could you please kindly explain?

Best regards
Want to Beat GMAT.
Always do what you're afraid to do. Whoooop GMAT
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by x2suresh » Fri Feb 20, 2009 3:41 pm
gabriel wrote:It is C = root3/2 ..

The 4 possible sums are 0, 1, 2, 3

The probability of it being 0 is 1/8
The probability of it being 1 is 3/8
The probability of it being 2 is 3/8
The probability of it being 3 is 1/8

So the mean is (0*1+1*3+2*3+3*1)/8 = 1.5

The variance = (0-1.5)^*1/8 + (1-1.5)^2*3/8+(2-1.5)^2*3/8+(3-1.5)^2*1/8 = 3/4

Standard deviation = root (variance) = (root 3)/2
Agree with you.
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Re: A 750+ treat

by sureshbala » Fri Feb 20, 2009 10:22 pm
sanju09 wrote:Three fair coins are labeled with a zero (0) on one side and a one (1) on the other side. Jimmy flips all three coins at once and computes the sum of the numbers displayed. He does this over 1000 times, writing down the sums in a long list. What is the expected standard deviation of the sums on this list?
(A) 1/2
(B)3/4
(C)sqrt3/2
(D)sqrt5/2
(E) 5/4
The answer will be (C)

The possible values for the sum will be 0,1,2,3

The probability of getting sum 0 is 1/8, sum 1 as well as sum 2 each will have a probability of 3/8 and the probability to get a sum 3 will be 1/8.

Folks, since the expected SD remains same whether it is for 8 observations or 1000 observations, let us consider 8 observations only.

So out of these 8 observations we will have one 0, three 1's , three 2's and one 3.

Hence the mean of these numbers is 3/2.

From this data we can calculate the sum of the squares of the deviations of each observation from the mean which will turn out to be 6.

So SD = sqrt(6/8) = sqrt(3)/2
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by sanju09 » Sat Feb 21, 2009 1:30 am
:) Big applauds to both gabriel and sureshbala!

see more of it


variance of binomial distribution is n*p*(1-p), n = 3, p = 1/2

variance = 3*1/2*(1-1/2)= 3/4

stdev = sqrt(variance) = sqrt(3)/2

After many trials sample standard deviation is close to theoretical standard deviation = sqrt(3)/2.

So C is the answer.
The mind is everything. What you think you become. –Lord Buddha



Sanjeev K Saxena
Quantitative Instructor
The Princeton Review - Manya Abroad
Lucknow-226001

www.manyagroup.com
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