Subsection3.5.1Sum of Draws Practice Problems (Ch 16–18)
ExercisesExercises
Problems 1–10 below are about the following game. A fair die is rolled 600 times. On each roll, you win $4 if you get a 6. You lose $1 if you get something different from a 6.
1.
The total winnings will be about $ give or take $ or so.
\begin{align*}
z \amp \approx \frac{320 - 300}{12.25} \approx 1.63\\
P \amp \approx 10\%
\end{align*}
10.
On every 6th roll (that is, on roll numbers 6, 12, 18, etc) you win a blue marble if exactly half of the last 6 rolls came up even. The chance that you win 35 or more blue marbles in 600 rolls is . Use the continuity correction to be as precise as possible.
The probability of exactly 3 evens in 6 rolls is \({6 \choose
3}\left(\frac{1}{2}\right)^6 = 31.25\%\) (using the binomial probability formula). A box model has 3125 1’s and 6875 0’s, with 100 draws. The average of the box is \(.3125\) and the SD of the box is \(\sqrt{.3125\cdot .6875} \approx .464\text{.}\) The expected sum is \(31.25\) and the SE for the sum is \(4.64\text{.}\) The \(z\) value for 35 blues is
\begin{equation*}
z = \frac{34.5-31.25}{4.64}\approx .70.
\end{equation*}
The normal curve table has an area of about \(52\%\) for \(z=.70\text{,}\) so the probability is about \((100-52)/2=24\%\) (if you do not use the continuity correction, you get \(z=.81\) and a probability of about \(21\%\)).