Suppose we wanted to know the chances of flipping a coin and only seeing a head by the fourth flip, how can we find this?
We can use the geometric distribution which calculates the probability of the number of failures before a success in a Bernouli trail.
The formula is
p(x) = (1-p)xp, where x = 0,1,2,...
Where p(x) is the number of failures, or for our example, the number of tails.
So to apply the formula, what are the chances of flipping a head for the first time on the 4th toss? (This means flipping 3 tails first)
p(x) = number of failures before flipping a head (3)
p(3) = (1 - 0.5)3(0.5) = 0.0625 or around 6%
Pretty low odds!
Wednesday, February 25, 2009
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