Find all School-related info fast with the new School-Specific MBA Forum

 It is currently 28 Oct 2016, 11:41

# GMAT Club Live:

MBA Admission Myths Destroyed

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# m05 Q17 Probability/Combination

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics
Author Message
Intern
Joined: 21 Jun 2008
Posts: 10
Followers: 0

Kudos [?]: 6 [2] , given: 0

m05 Q17 Probability/Combination [#permalink]

### Show Tags

18 Sep 2008, 01:23
2
KUDOS
6
This post was
BOOKMARKED
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) $$\frac{5}{16}$$ (B) $$\frac{15}{32}$$ (C) $$\frac{1}{2}$$ (D) $$\frac{21}{32}$$ (E) $$\frac{11}{16}$$ [Reveal] Spoiler: OA B Source: GMAT Club Tests - hardest GMAT questions So to answer this, we find the total combinations when you flip the coin 5 times. --> 2^5 = 32. The explanation tells us to find the combinations when kate wins 3 times and 4 times. --> 5C3 and 5C4. we get 10 and 5 respectively. Lastly, we simply find the probability (5/32) + (10/32) = 15/32. and that is the answer.. ***Why do we only find the combinations when Kate wins 3 times and 4 times? Why not find 1 and 2 times? Intern Joined: 27 May 2010 Posts: 6 Followers: 0 Kudos [?]: 23 [7] , given: 0 Re: m05 Q17 Probability/Combination [#permalink] ### Show Tags 26 Jul 2010, 10:39 7 This post received KUDOS 1 This post was BOOKMARKED Coin is flipped 5 times hence the sample space contains 2^5 ie 32 outcomes. We get this by general formula number of outcomes ^ number of repetitions. Now Kate can have more than 10 and less than 15 only if there are 4 Tails and 1 Head or 3 Tails and 2 Heads, this can be found out by simple manual calculation as below: All 5 Tails, Kate: 15 David: 5 4 Tails, 1 Head, Kate: 13 David: 7 3 Tails, 2 Head, Kate: 11 David: 9 less than 2 tails then Kates total goes below 10 which is not to be considered. Now cases with 4 tails and 1 head are 5!/4!*1! = 5 --> Simple arrangement rule Now cases with 3 tails and 2 heads are 5!/3!*2! = 10 --> Simple arrangement rule Favorable cases=10+5 =15 Hence probability = 15/32 Manager Joined: 25 Jun 2008 Posts: 129 Concentration: General Management, Technology Followers: 3 Kudos [?]: 25 [3] , given: 5 Re: m05 Q17 Probability/Combination [#permalink] ### Show Tags 28 Jul 2011, 12:26 3 This post received KUDOS I answered this problem logically rather than using a formula. With 5 coin tosses, there is a 50% chance Kate will have more than$10, however the problem states what is the possibility of having more than $10 but less than$15. In order for Kate to have $15, she would need to win all 5 tosses (1 out of 32 possibility). So...1/2 - 1/32 = 15/32. Even if you couldn't figure out the 1/32 possibility, 15/32 is the only answer just below 1/2. None of the other answers are even close. Manager Joined: 28 Jul 2008 Posts: 100 Followers: 1 Kudos [?]: 9 [2] , given: 0 Re: m05 Q17 Probability/Combination [#permalink] ### Show Tags 21 Sep 2008, 11:12 2 This post received KUDOS in the conditions of KJJJJ and KKJJJ I mean 2 kates and 3 johns, kate will have less than 10. got it ? Manager Status: Waiting to hear from University of Texas at Austin Joined: 24 May 2010 Posts: 76 Location: Changchun, China Schools: University of Texas at Austin, Michigan State Followers: 5 Kudos [?]: 53 [2] , given: 4 Re: m05 Q17 Probability/Combination [#permalink] ### Show Tags 27 Jul 2010, 07:15 2 This post received KUDOS If this is confusing just ignore it. I think in words more than symbols. After reading the given answer I see in this question that it is the correct answer. However, I can't seem to remember the notation for these kind of questions. So I am trying to assemble a method that I can remember. I am thinking something like this $$\frac{Ways to Satisfied Conditions}{Possible Outcomes}=Probability of Conditions$$ For a question where multiple outcomes satisfy the conditions. Something like this might be better. $$\frac{Ways to GetOutcome#1 + Ways to Get Outcome #2}{Possible Outcomes}$$ For this question I write $$\frac{Different Ways To Get 4 Wins For Kate+Different Ways To Get 3 Wins For Kate}{Possible Outcomes}$$ then $$\frac{10+5}{32}=15/32$$ And for those who want a further challenge, I suggest this question A dice is rolled 5 times, what are the chances of rolling a 6, at least 3 times but not more than 4 times? I am thinking $$\frac{5C3 + 5C4}{6^5}$$ Manager Joined: 06 Oct 2009 Posts: 69 Followers: 2 Kudos [?]: 34 [1] , given: 5 Re: m05 Q17 Probability/Combination [#permalink] ### Show Tags 26 Jul 2010, 06:26 1 This post received KUDOS Only in 2 cases Kate will have more than$10 and less than $15. Either 3 heads/2 tails or 4 heads/1 tail Probability of having 3h and 2t is 5c3*(1/32)=10/32 Probability of having 4h and 1t is 5c4*(1/32)=5/32 So probability of either of the above is 10/32 + 5/32 = 15/32 (Ans) _________________ +1 kudos me if this is of any help... Math Expert Joined: 02 Sep 2009 Posts: 35337 Followers: 6651 Kudos [?]: 85952 [1] , given: 10264 Re: m05 Q17 Probability/Combination [#permalink] ### Show Tags 02 Aug 2012, 00:49 1 This post received KUDOS Expert's post dpvtank wrote: GZR4DR wrote: I answered this problem logically rather than using a formula. With 5 coin tosses, there is a 50% chance Kate will have more than$10, however the problem states what is the possibility of having more than $10 but less than$15. In order for Kate to have $15, she would need to win all 5 tosses (1 out of 32 possibility). So...1/2 - 1/32 = 15/32. Even if you couldn't figure out the 1/32 possibility, 15/32 is the only answer just below 1/2. None of the other answers are even close. This is kind of a silly question: can you or someone please explain how there is a 50% chance that Kate will have more than$10?

I get the $$\frac{1}{32}$$ part for her winning all 5 tosses.

After each toss Kate either gains $1 or losses$1.

After 5 tosses she'll have either more than $10 or less than$10 (she cannot have exactly $10). Since there is no reason one case to have more chances to appear than another then the probability that Kate will have more than$10 is 1/2 and the probability that Kate will have less than $10 is 1/2 too. Hope it's clear. _________________ CIO Joined: 02 Oct 2007 Posts: 1218 Followers: 95 Kudos [?]: 893 [0], given: 334 Re: m05 Q17 Probability/Combination [#permalink] ### Show Tags 23 Sep 2008, 08:44 Hi. Think about it this way. If K wins only 1 time that means she loses 4 time (the coin is flipped 5 times in total). So this way K will have 10 + 1 - 4 = 7 dollars (less than we need) If K wins 2 time (which means she loses 3 times), she will have 10 + 2 - 3 = 9 dollars (less than we need) If K wins all 5 times she'll end up with$15 (more than we need).

Now you see why we check only the combinations when K wins 3 (K will have $11) and 4 (K will have$13) times. Hope this helps.
d2touge 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 So to answer this, we find the total combinations when you flip the coin 5 times. --> 2^5 = 32. The explanation tells us to find the combinations when kate wins 3 times and 4 times. --> 5C3 and 5C4. we get 10 and 5 respectively. Lastly, we simply find the probability (5/32) + (10/32) = 15/32. and that is the answer.. ***Why do we only find the combinations when Kate wins 3 times and 4 times? Why not find 1 and 2 times? _________________ Welcome to GMAT Club! Want to solve GMAT questions on the go? GMAT Club iPhone app will help. Please read this before posting in GMAT Club Tests forum Result correlation between real GMAT and GMAT Club Tests Are GMAT Club Test sets ordered in any way? Take 15 free tests with questions from GMAT Club, Knewton, Manhattan GMAT, and Veritas. GMAT Club Premium Membership - big benefits and savings Senior Manager Joined: 18 Aug 2009 Posts: 435 Schools: UT at Austin, Indiana State University, UC at Berkeley WE 1: 5.5 WE 2: 5.5 WE 3: 6.0 Followers: 8 Kudos [?]: 120 [0], given: 16 Re: m05 Q17 Probability/Combination [#permalink] ### Show Tags 03 Jun 2010, 13:36 Hi guys, I did not get this: Find the total number of combinations = 2^5=32. Which formula is being used? Can somebody elaborate on that? _________________ Never give up,,, CIO Joined: 02 Oct 2007 Posts: 1218 Followers: 95 Kudos [?]: 893 [0], given: 334 Re: m05 Q17 Probability/Combination [#permalink] ### Show Tags 04 Jun 2010, 02:21 You may want to look at it this way. How many outcomes are there when you flip a coin once? There are 2 outcomes (Heads or Tails). If you flip a coin twice? - 4 outcomes ($$2^2$$). If you flip a coin twice, you can get these 4 outcomes: HH, HT, TH, TT. There are no other outcomes than these 4. When you flip that coin three times, you will get 8 outcomes ($$2^3$$). Here they are: HHH, HHT, HTT, TTT, TTH, THH, HTH, THT. So, flipping a coin 5 times gives $$32 = 2^5$$ outcomes. You might want to take a look at this Probability thread from our GMAT Math Book: math-probability-87244.html This thread has a lot of valuable resources that you might find helpful: new-to-the-math-forum-please-read-this-first-77764.html _________________ Welcome to GMAT Club! Want to solve GMAT questions on the go? GMAT Club iPhone app will help. Please read this before posting in GMAT Club Tests forum Result correlation between real GMAT and GMAT Club Tests Are GMAT Club Test sets ordered in any way? Take 15 free tests with questions from GMAT Club, Knewton, Manhattan GMAT, and Veritas. GMAT Club Premium Membership - big benefits and savings Intern Joined: 24 Jun 2010 Posts: 1 Followers: 0 Kudos [?]: 0 [0], given: 0 Re: m05 Q17 Probability/Combination [#permalink] ### Show Tags 27 Jul 2010, 02:35 I think I am missing something here!! Kate can have only one of the following SIX amounts after flipping the coin: 1- 5$ (If tails = 0 & heads = 5)
2- 7$(If tails = 1 & heads = 4) 3- 9$ (If tails = 2 & heads = 3)
4- 11$(If tails = 3 & heads = 2) 5- 13$ (If tails = 4 & heads = 1)
6- 15$(If tails = 5 & heads = 0) So in between 10 & 15$, only amounts no 4 & 5 apply, which is (2/6+2/6) = 1/3! What am I missing??
Manager
Status: Waiting to hear from University of Texas at Austin
Joined: 24 May 2010
Posts: 76
Location: Changchun, China
Schools: University of Texas at Austin, Michigan State
Followers: 5

Kudos [?]: 53 [0], given: 4

Re: m05 Q17 Probability/Combination [#permalink]

### Show Tags

27 Jul 2010, 06:59
tariqbakeer wrote:
I think I am missing something here!!

Kate can have only one of the following SIX amounts after flipping the coin:
1- 5$(If tails = 0 & heads = 5) 2- 7$ (If tails = 1 & heads = 4)
3- 9$(If tails = 2 & heads = 3) 4- 11$ (If tails = 3 & heads = 2)
5- 13$(If tails = 4 & heads = 1) 6- 15$ (If tails = 5 & heads = 0)

So in between 10 & 15$, only amounts no 4 & 5 apply, which is (2/6+2/6) = 1/3! What am I missing?? Tariqbakeer Did you mean that 1/6 + 1/6 = 2/6 ? If you are considering only the outcomes you are correct that only 2 of the outcomes satisfy the conditions from the question. However, you must consider the probability of each outcome. Start with just to coin. There are 3 outcomes possible: Kate loses 2 dolllars Kate wins 2 dollars Kate wins 1 and loses 1 However each one is not equally likely Here is a list of the possible out comes (H=head T=tails) HH HT TH TT So we see that the chances of: 2 losses is 1/4 2 wins is 1/4 1 win and 1 loss is 2/4 In this question we have 32 possible orders, but as you stated only 6 different outcomes. Manager Status: Waiting to hear from University of Texas at Austin Joined: 24 May 2010 Posts: 76 Location: Changchun, China Schools: University of Texas at Austin, Michigan State Followers: 5 Kudos [?]: 53 [0], given: 4 Re: m05 Q17 Probability/Combination [#permalink] ### Show Tags 27 Jul 2010, 07:41 Another way to solve this using the 6 outcomes listed previously and understanding of the 32 possibilities tariqbakeer wrote: Kate can have only one of the following SIX amounts after flipping the coin: 1- 5$ (If tails = 0 & heads = 5)
2- 7$(If tails = 1 & heads = 4) 3- 9$ (If tails = 2 & heads = 3)
4- 11$(If tails = 3 & heads = 2) 5- 13$ (If tails = 4 & heads = 1)
6- 15$(If tails = 5 & heads = 0) only one way to lose$5 that would be all heads or HHHHH
only one way to win $5 that would be all tails or TTTTT So out of 32 we have eliminated 2, 30 remain. I can't explain why but I knew the chance of #3 and #4 above were equal, as well as the chance of #2 and #5. So then divide 30/32 by 2 15/32 Intern Joined: 06 Jul 2010 Posts: 1 Followers: 0 Kudos [?]: 0 [0], given: 0 Re: m05 Q17 Probability/Combination [#permalink] ### Show Tags 28 Jul 2010, 18:35 Hi, what does "5C3" stand for? CIO Joined: 02 Oct 2007 Posts: 1218 Followers: 95 Kudos [?]: 893 [0], given: 334 Re: m05 Q17 Probability/Combination [#permalink] ### Show Tags 29 Jul 2010, 07:10 It means $$C_5^3 = \frac{5!}{3!*2!} = 10$$ clutterman wrote: Hi, what does "5C3" stand for? _________________ Welcome to GMAT Club! Want to solve GMAT questions on the go? GMAT Club iPhone app will help. Please read this before posting in GMAT Club Tests forum Result correlation between real GMAT and GMAT Club Tests Are GMAT Club Test sets ordered in any way? Take 15 free tests with questions from GMAT Club, Knewton, Manhattan GMAT, and Veritas. GMAT Club Premium Membership - big benefits and savings Intern Joined: 17 May 2011 Posts: 15 Followers: 0 Kudos [?]: 1 [0], given: 6 Re: m05 Q17 Probability/Combination [#permalink] ### Show Tags 28 Jul 2011, 06:59 There are two winning scenarios. Kate should win either 3 or 4 times. This is how I solved it: scenarios 1, Kate wins 4 times = 3*(1/2)^3 + (1/2)^2 = 5/8 scenarios 2, Kate wins 3 times = 4*(1/2)^4+ (1/2) = 3/4 5/8*3/4 = 15/32 I believe I solved it in a stupid way but that somehow worked. Can someone tell whether I just guessed or this method works? Intern Status: UF BSBA '15 - Preparing for the future Joined: 09 May 2011 Posts: 25 Location: United States GPA: 3.87 WE: Human Resources (Consulting) Followers: 0 Kudos [?]: 5 [0], given: 2 Re: m05 Q17 Probability/Combination [#permalink] ### Show Tags 28 Jul 2011, 10:19 I did not know where to start his, but after reading the thread, some of my statistics knowledge came back. Here is a really nice trick using Pascal's triangle. --------1 -------1--1 -----1--2--1 ----1--3-3--1 ---1-4--6-4--1 -1-5-10-10-5--1 There are six combinations, so we use the sixth row. Or another angle to look at it is there are five flips, and then we count the first row as the zero row. Either way we arrive at the 1-5-10-10-5-1. Now write out the combinations and money Kate gets. HHHHH$5
HHHHT $7 HHHTT$9
HHTTT $11 HTTTT$13

TTTTT $15 We can assign the row to the probabilities as long as they're in this order. Also, it is out of 32 because that is the number you get when you add up the row. HHHHH 1/32 HHHHT 5/32 HHHTT 10/32 HHTTT 10/32 HTTTT 5/32 TTTTT 1/32 Finally, the only combos that fit the criteria for the answer are HHTTT and HTTTT. Add up the probabilities to get 15/32. Too bad if I had this problem on the test, I would get it wrong! At least now I am beginning to warm up. Intern Joined: 02 May 2011 Posts: 39 Location: Canada Concentration: General Management, Social Entrepreneurship GMAT 1: 630 Q45 V33 GMAT 2: 700 Q47 V40 GPA: 3.78 Followers: 1 Kudos [?]: 25 [0], given: 55 Re: m05 Q17 Probability/Combination [#permalink] ### Show Tags 01 Aug 2012, 20:48 GZR4DR wrote: I answered this problem logically rather than using a formula. With 5 coin tosses, there is a 50% chance Kate will have more than$10, however the problem states what is the possibility of having more than $10 but less than$15. In order for Kate to have $15, she would need to win all 5 tosses (1 out of 32 possibility). So...1/2 - 1/32 = 15/32. Even if you couldn't figure out the 1/32 possibility, 15/32 is the only answer just below 1/2. None of the other answers are even close. This is kind of a silly question: can you or someone please explain how there is a 50% chance that Kate will have more than$10?

I get the $$\frac{1}{32}$$ part for her winning all 5 tosses.
Intern
Joined: 02 May 2011
Posts: 39
Concentration: General Management, Social Entrepreneurship
GMAT 1: 630 Q45 V33
GMAT 2: 700 Q47 V40
GPA: 3.78
Followers: 1

Kudos [?]: 25 [0], given: 55

Re: m05 Q17 Probability/Combination [#permalink]

### Show Tags

02 Aug 2012, 10:48
That makes perfect sense. Thanks a lot!

Posted from my mobile device
Current Student
Joined: 27 Jun 2012
Posts: 418
Concentration: Strategy, Finance
Followers: 75

Kudos [?]: 742 [0], given: 184

Re: m05 Q17 Probability/Combination [#permalink]

### Show Tags

18 Nov 2012, 01:42
1
This post was
BOOKMARKED
Approach 1: Find the total number of combinations = 2^5=32. Find the number of combinations when Kate wins: out of 5 games, she can win 3 or 4 times only as 5 victories would put her over the $14 mark and less than 3 victories, below the$10.

The number of combinations for winning 3 times:

5C3=10

Number of combinations for winning 4 times:

5C4=5

Remember, nCk=n! / k!∗(n−k)!.

Probability equals 5+1032=1532.

Approach 2: write out the combinations:

[3] : 123, 124, 125, 134, 135, 145, 234, 235, 245, 345

[4] : 1234, 1235, 1245, 1345, 2345

Total: 1532.

The combinations can be summed because they have equal probabilities of 132 each.

The correct answer is B
_________________

Thanks,
Prashant Ponde

Tough 700+ Level RCs: Passage1 | Passage2 | Passage3 | Passage4 | Passage5 | Passage6 | Passage7
VOTE GMAT Practice Tests: Vote Here
PowerScore CR Bible - Official Guide 13 Questions Set Mapped: Click here

Re: m05 Q17 Probability/Combination   [#permalink] 18 Nov 2012, 01:42

Go to page    1   2    Next  [ 22 posts ]

Similar topics Replies Last post
Similar
Topics:
7 m05#06 25 14 Oct 2008, 19:08
6 m05 #10 20 11 Oct 2008, 09:25
3 M05 #16 15 08 Oct 2008, 16:27
6 M05 #4 21 24 Sep 2008, 10:57
26 m05 #22 28 21 Sep 2008, 11:08
Display posts from previous: Sort by

# m05 Q17 Probability/Combination

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics

Moderator: Bunuel

 Powered by phpBB © phpBB Group and phpBB SEO Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.