30. A fair coin is tossed four times, and a person win Re 1 for each head and lose Rs 1.50 for each tail that turns up.

From the sample space calculate how many different amounts of money you can have after four tosses and the probability of having each of these amounts.

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    Answered by

    alok kumar singh | Contributor-Level 10

    4 months ago

    30. When a coin is tossed four times we have the sample space,

    S = {HHHH, HHHT, HHTH, HTHH, THHH, HHTT, THHT, TTHH, THTH, HTHT, HTTH, TTTH, TTHT, THTT, HTTT, TTTT}

    So, n (S) = 16.

    Case I: When the outcome is all head, the amount is 1 + 1 + 1 + 1 =? 4 gain

    Case II: When the outcome is 3 head and one tail, the amount is

    1 + 1 + 1 – 1.50 = 3 – 1.50 =? 1.50 gain

    Case III: When the outcome is 2 head and 2 tail, the amount is

    1 + 1 – 1.50 – 1.50 = 2 – 3 =? 1 lose.

    Case IV: When the outcome is 1 head and 3 tail, the amount is

    1 – 1.50 – 1.50 – 1.50 = 1 – 4.50 =? 3.50 lose.

    Case V: When the outc

    ...more

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A
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3, 4, 5, 5

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3, 4, 5,5

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