A 750+ treat

This topic has expert replies
User avatar
GMAT Instructor
Posts: 3650
Joined: Wed Jan 21, 2009 4:27 am
Location: India
Thanked: 267 times
Followed by:80 members
GMAT Score:760

A 750+ treat

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

Senior | Next Rank: 100 Posts
Posts: 80
Joined: Mon Feb 02, 2009 6:36 am
Thanked: 10 times

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

User avatar
GMAT Instructor
Posts: 3650
Joined: Wed Jan 21, 2009 4:27 am
Location: India
Thanked: 267 times
Followed by:80 members
GMAT Score:760

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

Master | Next Rank: 500 Posts
Posts: 129
Joined: Mon Dec 15, 2008 11:43 pm
Location: Hyderabad
Thanked: 2 times

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.

User avatar
GMAT Instructor
Posts: 3650
Joined: Wed Jan 21, 2009 4:27 am
Location: India
Thanked: 267 times
Followed by:80 members
GMAT Score:760

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

Senior | Next Rank: 100 Posts
Posts: 73
Joined: Wed Jan 07, 2009 1:00 pm
Location: Tampa, FL
Thanked: 9 times
GMAT Score:630

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

Senior | Next Rank: 100 Posts
Posts: 56
Joined: Tue Jan 13, 2009 12:59 pm
Location: Toronto
Thanked: 1 times

by odod » Fri Feb 20, 2009 7:52 am
Please post the answer in the OG.


Thanks.
ODOD

Senior | Next Rank: 100 Posts
Posts: 56
Joined: Tue Jan 13, 2009 12:59 pm
Location: Toronto
Thanked: 1 times

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


Thanks.
ODOD

Senior | Next Rank: 100 Posts
Posts: 56
Joined: Tue Jan 13, 2009 12:59 pm
Location: Toronto
Thanked: 1 times

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


Thanks.
ODOD

Senior | Next Rank: 100 Posts
Posts: 68
Joined: Sun Dec 21, 2008 12:00 am
Thanked: 3 times

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

OA?

User avatar
Legendary Member
Posts: 986
Joined: Wed Dec 20, 2006 11:07 am
Location: India
Thanked: 51 times
Followed by:1 members

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

Master | Next Rank: 500 Posts
Posts: 431
Joined: Sat Jan 10, 2009 9:32 am
Thanked: 16 times
Followed by:1 members

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

Master | Next Rank: 500 Posts
Posts: 258
Joined: Thu Aug 07, 2008 5:32 am
Thanked: 16 times

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.

User avatar
Master | Next Rank: 500 Posts
Posts: 319
Joined: Wed Feb 04, 2009 10:32 am
Location: Delhi
Thanked: 84 times
Followed by:9 members

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

User avatar
GMAT Instructor
Posts: 3650
Joined: Wed Jan 21, 2009 4:27 am
Location: India
Thanked: 267 times
Followed by:80 members
GMAT Score:760

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