Question

there are 4 coins. you get a dollar for every head. all four coins are flipped. what is the outcome? what about if you can choose to either keep all of the flips or reflip all four coins?

Answer 1

The outcome for the flip is 2.

Probability:

Probability refer the possibility of the event required.

The probability formula is defined as the possibility of an event to happen is equal to the ratio of the number of favorable outcomes and the total number of outcomes.

Given,

There are 4 coins.

You get a dollar for every head. all four coins are flipped.

To find the outcome of the flips.

The possible outcomes from the initial flip are:

"4 heads" x 1

"3 heads" x 4

"2 heads" x 6

"1 heads" x 4

"0 heads" x 1

This gives an expected return of

=> (4 + 12 + 12 + 4 + 0)/16 = 2

So, the outcome is 2.

Either if you keep it then you have 2 as outcome of the flips, otherwise if you reflip the coins then you will get the same probability for it also.

To know more about Probability here.

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