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Texas A&M University Department of Mathematics Volodymyr Nekrashevych Fall 2011 Math 411 — Problem Set 2 Issued: 09.09 Due: 09.16 2.1. A bet is said to carry 3 to 1 odds if you win $3 for each $1 you bet. What must the probability of winning be for this to be a fair bet? 2.2. Five people play a game of “odd man out” to determine who will pay for the pizza they ordered. Each flips a coin. If only one person gets heads (or tails) while the other four get tails (or heads) then he is the odd man and has to pay. Otherwise they flip again. What is the expected number of tosses needed to determine who will pay? 2.3. A man and his wife decide that they will keep having children until they have one of each sex. Ignoring the possibility of twins and supposing that each trial is independent and results in a boy or a girl with probability 1/2, what is the expected value of the number of children they will have? 2.4. Suppose we pick a month at random from a non-leap year calendar and let X be the number of days in the month. Find the mean and variance of X. 2.5. Can we have a random variable with EX = 3 and EX 2 = 8? 2.6. In a class of 19 students, 7 will get A’s. In how many ways can this set of students be chosen?