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MHT CET · Maths · Probability

In a game, \(3\) coins are tossed. A person is paid ₹ \(7\), if he gets all heads or all tails; and he is supposed to pay ₹ \(3\), if he gets one head or two heads. The amount he can expect to win on an average per game is ₹

  1. A \(-0.5\)
  2. B \(0.5\)
  3. C \(1\)
  4. D \(-1\)
Verified Solution

Answer & Solution

Correct Answer

(A) \(-0.5\)

Step-by-step Solution

Detailed explanation

In a game, 3 coins are tossed, \(\mathrm{P}(\) getting all heads or all tails \()=\frac{2}{8}=\frac{1}{4}\)
\(\mathrm{P}(\) getting one head or two heads \()=\frac{6}{8}=\frac{3}{4}\)
Let \(\mathrm{X}\) : number of rupees the person gets.
\(\begin{aligned}
& P(X=7)=\frac{1}{4} \\
& P(X=-3)=\frac{3}{4}
\end{aligned}\)
\(\therefore \quad\) The amount he can expect to win \(=\) Mean
\(\begin{aligned}
& =\sum x_i \mathrm{p}_{\mathrm{i}} \\
& =7\left(\frac{1}{4}\right)+-3\left(\frac{3}{4}\right) \\
& =-0.5
\end{aligned}\)