I have a big question to ask about probabilities and estimated value. The problem is there are 4 cups. In each cup there is 4 jellybeans. One green,one red, one blue, one orange. You have to pick one jellybean out of each cup. If you get 2 of the same, you get 50 dollars. If you get 3, 100 dollars. If you get all 4, you get 150 dollars. So can someone help me with finding the probabilities?
1/16, 1/64 and 1/256
No i mean in order to get het estimated value
of the whole thing i need all the probailities and they need to equal one
sorry it is 1/4, 1/16 and 1/64
I want to get hte estimated value, that requires all the probabilities.
I don't get it. I thought you wanted the probability of picking two beans of the same color, 3 beans of the same color and 4 beans of the same color
estimated value of what?
well here's teh thing, itsays i get points for getting 2 of the same, 3, 4, so on
right.
But its liek a game, and I have to price it, and to price it correctly i need to find the estimated value
Its like a carnvial game and im trying to find a good price for people to pay to play
YOUR QUESTION IS NOT DIRECT WILSON
Its not clear enough?
oh okay.
i have a long list of what i currently have, but they dont add up to one like they should
EMPHASIZE ON THIS QUESTION
That's why i came on here :P. The probabilites to get all the same would be 1/256. Just multiply 4 times. To get all three, 3/256 multiply by 4 times
see, the probability of picking two jelly beans of the same color is 1/4 the probability of picking 3 jellybeans of the same color is 1/16 and the probability of picking 4 jellybeans of the same color is 1/64 right?
Well lets focus on pickign 2 jelly beans of the same color. It would be 1/4 x 1/4 x 3/4 x 1/2. Correct?
how did you get that? i think it is 1/4
There are 4 cans. Each has 4 jelly beans. Green, Blue, red, Orange. Its a 1/4 chance to get a green on the first, 1/4 chance to get green again on the second can, 3/4 to get non green jelly bean, 1/2 to make sure i get a different one frmo the one i get from the 3rd can.
the first time you pick a jelly, it doesnt matter what color you pick. so the probability of picking from the first can is 1. the next time you pick a jelly bean, it has to be of the same color. so the probability of that is 1 times 1/4 = 1/4
the next time you pick a jelly bean, it shouldn't be of the first color. so the probability of that is 3/4 and the 4th time you pick a jelly bean, it shouldn't be of the 1st and 3rd color, so that probability is 1/2 so the probability of picking exactly two beans of the same color is 1/4 x 3/4 x 1/2
make sense?
actually it depends on what order you pick the beans too.
It does?!?!?!?!
So if i do it like you said, make it 1 x 1/4 x 3/4 x 1/2. I wouldnt have to account for each color? Like thats my probability for twos?
Like i wouldnt have to do that 4 times for each color?
suppose you picked green on the first time. suppose you picked orange on the second try. suppose you picked blue the next time. to make exactly two beans of the same color on the fourth try, you can pick either green or blue or orange. so in this case the probability is 1 x 3/4 x 1/2 x 3/4
So if i imultipl ythat out i would get 1/32. Would i have to multiply it by 4 so that i would get the probability for each color?
hmmm.. this is a head scratcher. let me get back to you on this one. meanwhile, try asking amistre64 or dumbcow or INewton for the answer.
i think you have to use permutations in your probability. http://www.mathsisfun.com/combinatorics/combinations-permutations-calculator.html
Alright :P, i've been tryign to solve this problem the whole day.
Unfortunately i dont hink any of them are online
well, I guess you'll have to wait for them. Both dumbcow and amistre64 are online most of the time.
This is due tomorrow, am i screwed? :P
lol, maybe
I think polpak gave you the correct answer when you posted this question the last time.
No it wouldn't work, because to get the estimated value, i still need the probabilities to add to 1.
Here what if i made it 3 cups and 3 colors of jelly beans.
Blue, Green, and Red. For a set of two blues would it be like, 1/3 x 1/3 x 2/3
no no no! you are not getting used to the idea that it doesn't matter which color you pick the first time.
Hmm, okay so then 1 x 1/3 x 2/3?
stil lthere?
okay. so the first time it doesn't matter which color you picked. you will pick one bean. so the probability of picking a bean is 1, since you are picking one bean out of the first can. suppose in your second attempt, you did not pick the bean of the same color. the probability of that is 2/3. so now you have picked two beans of two different colors. now, to pick 2 beans of the same color in your third attempt, you need to pick a bean of the same color as the first attempt, or the same color as the second attempt. so the probability of that is 2/3 so in this case, your probability is 2/3 * 2/3 if you picked the same color as the first attempt on your second attempt, the probability of that is 1/3. the probability of NOT picking the same color as the first time on the third attempt is 2/3 so in this case the probability is 1/3 * 2/3. so, the order in which you pick the beans is important. Do you get it?
Omg, thats amazing. I didn't see that angle on the 2/3. That makes sense
So because we start with the one, we do not have to replicate or multiply otu probabilities by 3 to show the different probabiltiies for the colors?
exactly!
If so, then 1 x 2/3 x 2/3 and 1 x 1/3 x 2/3 is all i neeed? o.o
it doesn't matter which color you pick. so you don't have to replicate it for the different colors
This seems to short to be true :0
yup, those are the two probabilities for picking 2 beans of the same color depending on the order.
but it is true. if it makes sense, then it is true.
Hmm, okay, how about the chance of all the beans being different colors. That would be 1 x 2/3 x 1/3?
yup
okay, so tehse would be depended events right?
yes.
The formula would then be P (A and B and C) = P(A) x P(AlB) x P(AlC and B) ?
I think so, but I'm not sure. it's been a very long time since I did probability. Don't remember all the formulae. try googling it.
haha i did xD I think ima use this path for now, thanks soooo much!
Much appreciation for the help, sorry to bother :P
hey, you posted one of the best questions to hit this forum in a long time. thank you!
Join our real-time social learning platform and learn together with your friends!