BMAD 64 Report post Posted November 4, 2013 I have 19 coins in my pocket which total $1.00. You have 15 coins in yours that also total $1.00. Who has a greater probability of randomly pulling a dime out of their pocket? Quote Share this post Link to post Share on other sites
0 Prime 15 Report post Posted November 7, 2013 Not only I forgot about half dollar coin in my previous post, I also made few arithmetic errors in calculating probabilities. Although, the answer who has a better probability is the same. The tables of all coin collections with their respective weights are as following. 15 COINS: PENNY NICKEL DIME QUARTER HALF WEIGHT 10 3 0 1 1 60060 10 0 4 0 1 15015 5 9 0 0 1 30030 10 1 1 3 0 60060 5 7 1 2 0 1081080 5 4 5 1 0 3783780 0 13 1 1 0 210 5 1 9 0 0 30030 0 10 5 0 0 3003 DIME PROBABILITY 0.268674895 19 COINS PENNY NICKEL DIME QUARTER HALF WEIGHT 15 2 0 1 1 46512 10 8 0 0 1 831402 15 0 1 3 0 15504 10 6 1 2 0 23279256 10 3 5 1 0 46558512 5 12 1 1 0 2116296 10 0 9 0 0 92378 5 9 5 0 0 23279256 0 18 1 0 0 19 DIME PROBABILITY 0.205359807 15 coins still looks better. Quote Share this post Link to post Share on other sites
0 Joyandwarmfuzzies 2 Report post Posted November 4, 2013 You must have 9 dimes and 10 pennies, giving you a probability of pulling a dime as 9 / 19 = 47.36...% I must have 5 dimes and 10 nickels, giving me a probability of pulling a dime as 5 / 15 = 33.33...% Quote Share this post Link to post Share on other sites
0 radio1 0 Report post Posted November 4, 2013 You must have 9 dimes and 10 pennies, giving you a probability of pulling a dime as 9 / 19 = 47.36...% I must have 5 dimes and 10 nickels, giving me a probability of pulling a dime as 5 / 15 = 33.33...% It's not a complete answer, as the 15 coins could also be 9 dimes, 1 nickel, and 5 pennies. I think you're on the right track, but the final solution must factor in all the possible combinations of coins that meet the 19 and 15-coin criteria. Quote Share this post Link to post Share on other sites
0 Prime 15 Report post Posted November 7, 2013 (edited) “Simple” is a relative term. To me it would be a simple programming code, if it was feasible to traverse all variations. Alas, I am not going to live long enough to see my laptop running through 4^{19} possible arrangements of coins. (My laptop is old and slow.) Nonetheless, I’ll go beyond the OP question and give the exact probability. The following are the tables of all variations to make a dollar with 15 and 19 coins. (Unless, I missed some.) The likelihood of each collection is different, hence the weight must be figured into the probability calculation. For 15 coins: PENNY NICKEL DIME QUARTER WEIGHT 10 1 1 3 6651216 5 7 1 2 279351072 5 4 5 1 2933186256 0 13 1 1 162792 5 1 9 0 116396280 0 10 5 0 11639628 DIME PROBABILITY 0.252480672 For 19 coins: PENNY NICKEL DIME QUARTER WEIGHT 15 0 1 3 15504 10 6 1 2 23279256 10 3 5 1 46558512 5 12 1 1 2116296 10 0 9 0 92378 5 9 5 0 23279256 0 18 1 0 19 DIME PROBABILITY 0.207250786 So, 15-coin collection offers higher probability of randomly drawing a dime out of your pocket. Although, I must note, there is no random drawing of a dime, since coins are of different distinguishable size. Oops, I forgot about 50-cent coin. Back to the drawing board. Edited November 7, 2013 by Prime Quote Share this post Link to post Share on other sites
0 Prime 15 Report post Posted November 14, 2013 Since my last post has not been recognized as the answer, there must be something else to this problem. I suppose, it could be that different coins are encountered with different frequency. E.g., a penny is a lot more common than a half-dollar coin. I don’t have any data on how many of each coin type there are in circulation. However, I doubt an adjustment for each individual coin probability would change the final answer to the OP. I believe a 15-coin collection would still have a higher probability of spotting a dime. Quote Share this post Link to post Share on other sites
0 BMAD 64 Report post Posted November 14, 2013 My apologies Quote Share this post Link to post Share on other sites
I have 19 coins in my pocket which total $1.00. You have 15 coins in yours that also total $1.00. Who has a greater probability of randomly pulling a dime out of their pocket?
Share this post
Link to post
Share on other sites