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oops
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Tuneman
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after thinking quite a bit more:

it seems to me that 4&4 may be considered as one outcome, even though there are two ways of getting it and the answer could be 5/36

i am going with this logic, because if we draw a matrix/table of 1-6 (horizontal) crossing 1-6 (vertical), there is only one slot (out of 36 slots) where 4 crosses 4.

this is so very confusing!!!

anyone has a better insight, please reply.
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AK
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Total no. of possibilities = 6 * 6 = 36

favorable conditions for atleast $5 with 2 throws = 5

(no change, win $5 )
( win $5,no change )
(win $2 , win $5)
(win $5,win $2 )
(win $5, win $5)


prob. = 5/36
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oops
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AK
Total no. of possibilities = 6 * 6 = 36

favorable conditions for atleast $5 with 2 throws = 5

(no change, win $5 )
( win $5,no change )
(win $2 , win $5)
(win $5,win $2 )
(win $5, win $5)


prob. = 5/36



My question was (win $5, win $5) can happen in two ways - why is it not counted twice?
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KillerSquirrel
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Results of dice throw:

1. lose $5
2. lose $2
3. no change
4. win $5
5. win $2
6. lose $4

find probability of winning atleast $5 with 2 throws.

the secret to solveing probability questions is to look at each event as independent form other events in the question.

the probability to win 5$ in first dice throw is 1/6 (only if you get 4)
that amount will stay 5$ or more, only if you get 5,3,4 in the second throw.

hence :

1/6 * 3/6 = 3/36

the next option is to win 2$ in first and then 5$ in second.

1/6 * 1/6 = 1/36

the final option is to win 0$ in first and 5$ in second.

1/6 * 1/6 = 1/36

total is = 1/36 + 1/36 + 3/36 = 5/36

any other outcome will give less then 5$ needed in both throws

:)
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oops
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got confused and kept doublecounting the (win $5, win $5) scenario.
was repeating the same mistake - was a major mind block.
thanks for the clarification.



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