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Kate and David

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by sandipgumtya » Sat Sep 05, 2015 3:53 am
Kate and David each have $10. Together they flip a coin 5 times. Every time the coin lands on heads, Kate gives David $1. Every time the coin lands on tails, David gives Kate $1. After the coin is flipped 5 times, what is the probability that Kate has more than $10 but less than $15?

A. 5/16
B. 15/32
C. 1/2
D. 21/32
E. 11/16
OA-B Can somebody help me understanding the concept here?I am not able to grasp.
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Source: — Problem Solving |

by GMATGuruNY » Sat Sep 05, 2015 5:02 am
sandipgumtya wrote:Kate and David each have $10. Together they flip a coin 5 times. Every time the coin lands on heads, Kate gives David $1. Every time the coin lands on tails, David gives Kate $1. After the coin is flipped 5 times, what is the probability that Kate has more than $10 but less than $15?

A. 5/16
B. 15/32
C. 1/2
D. 21/32
E. 11/16
In the beginning, Kate has $15.
For every tails, Kate gets $1; for every heads, she loses $1.
Implication:
To finish with less than $15, Kate must lose AT LEAST ONCE, implying that AT LEAST ONE of the 5 flips must be heads.

Test outcomes with at least one heads:
4 tails, 1 heads --> Kate has 10+4-1 = $13
3 tails, 2 heads --> Kate has 10+3-2 = $11

2 tails, 3 heads --> Kate has 10+2-3 = $9.

Only the options in red yield for Kate more than $10 but less than $15.
Question stem, rephrased:
If a coin is flipped 5 times, what is the probability that the coin lands on tails exactly 4 times or exactly 3 times?

P(exactly n times) = P(one way) * total possible ways.

Case 1: Exactly 4 tails
P(one way):
in 5 tosses, one way to get exactly 4 tails is TTTTH.
P(TTTTH) = (1/2)(1/2)(1/2)(1/2)(1/2) = 1/32.

Total possible ways:
Any arrangement of the letters TTTTH represents one way to get exactly 4 T"s and 1 H.
Thus, to account for ALL OF THE WAYS to get exactly 4 T's and 1 H, the result above must be multiplied by the number of ways to arrange the letters TTTTH.
Number of ways to arrange 5 elements = 5!.
But when an arrangement includes IDENTICAL elements, we must divide by the number of ways each set of identical elements can be ARRANGED.
The reason:
When the identical elements swap positions, the arrangement doesn't change.
Here, we must divide by 4! to account for the four identical T's:
5!/4! = 5.

Multiplying the results above, we get:
P(exactly 4 T's) = 5 * 1/32 = 5/32.

Case 1: Exactly 3 tails
P(one way):
in 5 tosses, one way to get exactly 3 tails is TTTHH.
P(TTTHH) = (1/2)(1/2)(1/2)(1/2)(1/2) = 1/32.

Total possible ways:
Any arrangement of the letters TTTHH represents one way to get exactly 3 T"s and 2 H's.
Thus, to account for ALL OF THE WAYS to get exactly 3 T's and 2 H's, the result above must be multiplied by the number of ways to arrange the letters TTTHH.
Number of ways to arrange 5 elements = 5!.
But when an arrangement includes IDENTICAL elements, we must divide by the number of ways each set of identical elements can be ARRANGED.
The reason:
When the identical elements swap positions, the arrangement doesn't change.
Here, we must divide by 3! to account for the three identical T's and by 2! to account for the two identical H's:
5!/(3!2!) = 10.

Multiplying the results above, we get:
P(exactly 3 T's) = 10 * 1/32 = 10/32.

Thus:
P(exactly 4 tails or exactly 3 tails) = 5/32 + 10/32 = 15/32.

The correct answer is B.

More practice:
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https://www.beatthegmat.com/probability-t227448.html
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by sandipgumtya » Sat Sep 05, 2015 5:45 am
Thank Mitch for ur quick reply.can u pl help me understand the basic theory that comes into play here?
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by [email protected] » Sat Sep 05, 2015 9:16 am
Hi sandipgumtya,

This is a layered probability question that requires some additional math (the combination formula, or the equivalent "mapping" of all possibilities).

We're told that the coin will be flipped 5 times; with every "win", Kate gets $1 and with every "loss", Kate loses $1. Kate starts with $10. We're asked for the probability that Kate ends up with MORE than $10 but less than $15 after 5 tosses.

Let's start with the total number of possible outcomes. Since each coin has 2 options (heads or tails), there are 2^5 = 32 possible outcomes for the 5 flips (which will include a certain number of similar outcomes in different orders - for example HHTTT and THTHT).

To end up with MORE than $10, Kate has to win MORE tosses than she loses. However, if she were to win all 5 tosses, she'd have $15 and we want her to end up with LESS than $15. This means that Kate has to win EITHER 3 times or 4 times.

Since it does not matter which of the 5 tosses is won, as long as it's either 3 or 4 of them, we can use the combination formula:

Combinations = N!/[K!(N-K)!]

For 3 wins, we have 5!/3!2! = 10 possible combinations of 3 wins

For 4 wins, we have 5!/4!1! = 5 possible combinations of 3 wins

So, there are a total of 10+5 = 15 combinations of 5 tosses that "fit" what we're looking for and 32 possible outcomes total.

Final Answer: B

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by Max@Math Revolution » Sat Sep 05, 2015 9:40 pm
Forget conventional ways of solving math questions. In PS, IVY approach is the easiest and quickest way to find the answer.


Kate and David each have $10. Together they flip a coin 5 times. Every time the coin lands on heads, Kate gives David $1. Every time the coin lands on tails, David gives Kate $1. After the coin is flipped 5 times, what is the probability that Kate has more than $10 but less than $15?

A. 5/16
B. 15/32
C. 1/2
D. 21/32
E. 11/16

==>
with head:H, tail:T, let's look at all the cases.
H:5, T:0, Kate:10-5+0=$5 (1)
H:4, T:1, Kate:10-4+1=$7 (2)
H:3, T:2, Kate:10-3+2=$9 (3)
H:2, T:3, Kate:10-2+3=$11 (4)
H:1, T:4, Kate:10-1+4=$13 (5)
H:0, T:5, Kate:10-0+5=$15 (6), and the probability of (1)+(2)+(3) equals that of (4)+(5)+(6). In other words, each case has 16/32(since the total cases of throwing a coin 5 times is 32). But since for (6) the money is $15, we need to exclude one case (1/32) therefore the answer is (16/32)-(1/32)=15/32. Thus the answer is B.



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