Ms B.
asked 09/24/16A friend asks you to play a game using a fair 6 sided # cube. If you roll a 2 you win 4 points, and if you roll a 5 you win 7 points. Rolling any other # causes
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John M. answered 09/24/16
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Engineering manager professional, proficient in all levels of Math
Sounds like the problem description got cut off. Rolling any other # causes ???
1) To summarize:
- Roll a 2, you win 4 points
- Roll a 5, you win 7 points
- Roll a 1, 3, 4 or 6, you lose 3 points
- This covers all the possibilities. That is, there are only 6 possible outcomes when you roll
- The fact that the dice is fair means every number has a 1/6 chance of appearing on a given roll
2) This is an expected value problem. Expected Value = (P[2] * 4) + (P[5] * 7) + (P[1,3,4 or 6] * -3) where P[x] means the probability of x occurring
3) Plug in the numbers to above equation: Expected Value = (1/6 * 4) + (1/6 * 7) + (4/6 * -3)
4) And do the math : Expected Value = 4/6 + 7/6 + -12/6 = -1/6
5) This means that, over the long term, you can expect to lose -1/6 point on every roll. So, for example, if you roll 6000 times, you can expect to lose around 1000 points (i.e., -1/6 * 6000 = -1000)
6) If the game is not fair, then this implies the probability is not 1/6 for each roll of the cube. The advantage depends on how the probabilities are distributed. For example, in the extreme case, if the cube is skewed so that the number 5 will never be rolled and the other number each has a 1/5 probability, then your friend has the advantage. But if it is skewed so that number 5 always appears, then you have the advantage.
Just for kicks, I ran an excel program using the RANDBETWEEN function to see what happens if a cube is rolled 6000 times with the above scoring system. The average score per roll was -.172, which is close to the -.167 predicted by probability theory. Of course, the average score will change each time I re-run the excel spreadsheet because the random numbers are regenerated.
So, one take-away from Expected Value is that the number (-1/6 in this case) is actually not a possible outcome if you roll the cube once. Expected value is sort of a long-term average.
Ms B.
I wrote the rest in the comments
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09/24/16
Jason L. answered 09/24/16
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Graduate Student Who Loves to Do Math
P(roll a 2) = 1/6
P(roll a 5) = 1/6)
P(roll 1,3,4,6) = 4/6 = 2/3
The expected value is the probability of an outcome * the value of that outcome
(1/6)(4) + (1/6)(7) * (2/3)(-3)
[2/3 + 7/6 - 2]
[4/6 + 7/6 - 12/6]
-1/6
So on each roll you would be expected to lose 1/6 point.
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Ms B.
09/24/16