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Re: Three fair coins are labeled with a zero (0) on one side and [#permalink]
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walker wrote:
C

\(\sigma=\sqrt{\frac{\sum(x-x_a)^2}{n}}\)

where, \(x\) - the sum of 3 numbers
\(x_a\) - the average sum.


probabilities for \(x\):
\(x=0:\) \(p_0=\frac18;\) \(x=1:\) \(p_1=\frac38;\) \(x=2:\) \(p_2=\frac38;\) \(x=3:\) \(p_3=\frac18\)

\(x_a=\frac32\)

\(n \to \infty\) (n=1000 is very large number)

we can write:

\(\sigma=\sqrt{\frac18*(0-\frac32)^2+\frac38*(1-\frac32)^2+\frac38*(2-\frac32)^2+\frac18*(3-\frac32)^2}\)

\(\sigma=\sqrt{\frac18*\frac94+\frac38*\frac14+\frac38*\frac14+\frac18*\frac94}\)

\(\sigma=\sqrt{\frac{24}{32}}=\sqrt{\frac34}=\frac{\sqrt3}{2}\)

good Q +1


In addition to what walker did:


no matter how many times the trail is performed, the expected value of SD doesnot remain the same.
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Re: Three fair coins are labeled with a zero (0) on one side and [#permalink]
I read somewhere that the GMAT does not expect you to know the standard deviation formula.
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Re: Three fair coins are labeled with a zero (0) on one side and [#permalink]
Nerdboy wrote:
I read somewhere that the GMAT does not expect you to know the standard deviation formula.


I read the same in MGMAT math book.


I am not sure whether will get these kind of problems in real GMAT ..
If yes... then definitely it is 750+ quesiton.,

Good question!! Good discussion..
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Re: Three fair coins are labeled with a zero (0) on one side and [#permalink]
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walker wrote:
C

\(\sigma=\sqrt{\frac{\sum(x-x_a)^2}{n}}\)

where, \(x\) - the sum of 3 numbers
\(x_a\) - the average sum.


probabilities for \(x\):
\(x=0:\) \(p_0=\frac18;\) \(x=1:\) \(p_1=\frac38;\) \(x=2:\) \(p_2=\frac38;\) \(x=3:\) \(p_3=\frac18\)

\(x_a=\frac32\)

\(n \to \infty\) (n=1000 is very large number)

we can write:

\(\sigma=\sqrt{\frac18*(0-\frac32)^2+\frac38*(1-\frac32)^2+\frac38*(2-\frac32)^2+\frac18*(3-\frac32)^2}\)

\(\sigma=\sqrt{\frac18*\frac94+\frac38*\frac14+\frac38*\frac14+\frac18*\frac94}\)

\(\sigma=\sqrt{\frac{24}{32}}=\sqrt{\frac34}=\frac{\sqrt3}{2}\)

good Q +1


Walker, can you point out the flaw in my approach. I know from binomial dist parameters that my approach is wrong... but i have forgotten why this approach is worng.

For the trial, prob mass funtion for all outcomes = 1/2
so E[x] = 0*1/2 + 1*1/2 ... first moment
E[x^2] = 0^2 * 1/2 + 1^2 *1/2 ... second moment

E[x^2] - (E[x])^2 = 1/4 ... second central moment = var[x]

SD = sqrt(var[x]) = 1/sqrt(x)..
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Re: Three fair coins are labeled with a zero (0) on one side and [#permalink]
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bhushangiri wrote:
Walker, can you point out the flaw in my approach. I know from binomial dist parameters that my approach is wrong... but i have forgotten why this approach is worng.


I did not dig deep, but maybe you forgot that x is "the sum of the numbers" and E(x)=3C0*0*1/2^3+3C1*1*1/2^3+3C2*2*1/2^3+3C3*3*1/2^3=0+3/8+6/8+3/8=12/8=3/2
E(x^2)=3C0*0*1/2^3+3C1*1*1/2^3+3C2*4*1/2^3+3C3*9*1/2^3=0+3/8+12/8+9/8=24/8=3
var[x]=E[x^2] - (E[x])^2=3-(3/2)^2=3/4

SD = sqrt(var[x]) = \(\frac{sqrt{3}}{2}\)
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Re: Three fair coins are labeled with a zero (0) on one side and [#permalink]
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Bunuel: Isn't this out of scope for GMAT?
JCLEONES wrote:
Three fair coins are labeled with a zero (0) on one side and a one (1) on the other side. Jimmy flips all three coins at once and computes the sum of the numbers displayed. He does this over 1000 times, writing down the sums in a long list. What is the expected standard deviation of the sums on this list?
(A) 1/2
(B) 3/4
(C)\(\sqrt{3}\)/2
(D)\(\sqrt{5}\)/2
(E) 5/4


I don't know how to solve this question. Please provide full explanation.

Thanks
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Re: Three fair coins are labeled with a zero (0) on one side and [#permalink]
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BrushMyQuant wrote:
Bunuel: Isn't this out of scope for GMAT?
JCLEONES wrote:
Three fair coins are labeled with a zero (0) on one side and a one (1) on the other side. Jimmy flips all three coins at once and computes the sum of the numbers displayed. He does this over 1000 times, writing down the sums in a long list. What is the expected standard deviation of the sums on this list?
(A) 1/2
(B) 3/4
(C)\(\sqrt{3}\)/2
(D)\(\sqrt{5}\)/2
(E) 5/4


I don't know how to solve this question. Please provide full explanation.

Thanks


Yes, it's out of scope. So, you can ignore it and move on.
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Re: Three fair coins are labeled with a zero (0) on one side and [#permalink]
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First, set up each coin in a column and compute the sum of each possible trial as follows:
Coin A Coin B Coin C Sum
0 0 0 0
1 0 0 1
0 1 0 1
0 0 1 1
1 1 0 2
1 0 1 2
0 1 1 2
1 1 1 3
Now compute the average (mean) of the sums using one of the following methods:
Method 1: Use the Average Rule (Average = Sum / Number of numbers).
(0 + 1 + 1 + 1 + 2 + 2 + 2 + 3) ÷ 8 = 12 ÷ 8 = 3/2
Method 2: Multiply each possible sum by its probability and add.
(0 × 1/8) + (1 × 3/8) + (2 × 3/8) + (3 × 1/8) = 12/8 = 3/2
Method 3: Since the sums have a symmetrical form, spot immediately that the mean must be right in the middle. You have one 0, three 1’s, three 2’s and one 3 – so the mean must be exactly in the middle = 1.5 or 3/2.

Then, to get the standard deviation, do the following:
(a) Compute the difference of each trial from the average of 3/2 that was just determined. (Technically it’s “average minus trial” but the sign does not matter since the result will be squared in the next step.)
(b) Square each of those differences.
(c) Find the average (mean) of those squared differences.
(d) Take the square root of this average.
Average of Sums Sum of Each Trial Difference Squared Difference
3/2 0 3/2 9/4
3/2 1 ½ ¼
3/2 1 ½ ¼
3/2 1 ½ ¼
3/2 2 – ½ ¼
3/2 2 – ½ ¼
3/2 2 – ½ ¼
3/2 3 – 3/2 9/4
The average of the squared differences = (9/4 + ¼ + ¼ + ¼ + ¼ + ¼ + ¼ + 9/4) ÷ 8 = 6 ÷ 8 = ¾.

Finally, the square root of this average = .

The correct answer is C.
Note: When you compute averages, be careful to count all trials (or equivalently, to take probabilities into account). For instance, if you simply take each unique difference that you find (3/2, ½, –1/2 and –3/2), square those and average them, you will get 5/4, and the standard deviation as .
This is incorrect because it implies that the 3/2 and –3/2 differences are as common as the ½ and –1/2 differences. This is not true since the ½ and –1/2 differences occur three times as frequently as the 3/2 and –3/2 differences.
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Re: Three fair coins are labeled with a zero (0) on one side and [#permalink]
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