superprismatic Posted July 26, 2009 Report Share Posted July 26, 2009 Here is my modification of a puzzle by the late great puzzle maker, Walter Penney: There are 309 white balls and 191 black balls in a bag. A man makes a deal in which he draws balls one at a time from the bag, replacing and mixing after each draw, and if the first black ball is drawn on the Nth trial, he is to receive a number of dollars equal to the Nth Fibonacci number (0,1,1,2,3,5,8,13,... for N=1,2,3,4,5,6,7,8,...). Two questions: 1. What is the expected payoff for the man? 2. If he were to surreptitiously place one more white ball in the bag, by how much does it improve his expectation from that in question 1? Quote Link to comment Share on other sites More sharing options...
0 Guest Posted July 26, 2009 Report Share Posted July 26, 2009 I like this one 1. $6946 2. Infinite I took the Fibonacci sequence as a geometric series. For part 1 the ratio (black to white) is less than phi but very close. However, for part 2 the ratio is greater than phi which causes the series to diverge. Quote Link to comment Share on other sites More sharing options...
0 Guest Posted July 26, 2009 Report Share Posted July 26, 2009 well psychic mind is normally pretty good so I might be wrong but this is what I got well I cant tell you how wrong i was when i started typing this i read it as 309 balls and 191 of them were black which coincidentally just reverses the probabilities and I started typing this saying you had it backwards (the type above that is also from that but i still think the answer is a lil off I got 5026.32..... I did this by the summation (E) E=wE+w^2E+1 E-wE-w^2E=1 E=1/(1-w-w^2) E=13157.89474 but then i never did the black ball so multiply by chance of Black E=5026.325789 I completely agree about part 2 tho and it really was a good problem It was interesting Quote Link to comment Share on other sites More sharing options...
0 superprismatic Posted July 26, 2009 Author Report Share Posted July 26, 2009 I don't agree with your part 1 and I can't seem to reproduce how you got it. But, I'm sure it's a small matter. Congrats on getting part 2 spot on. I just think it's pretty cool that a single ball makes all that difference! You'r part 1 answer was for the problem if the Fibonacci started 1,1,2,3,5,.... instead of 0,1,1,2,3,5..... You had a neat, simple way of doing it, too. Quote Link to comment Share on other sites More sharing options...
0 Guest Posted July 26, 2009 Report Share Posted July 26, 2009 I have made the same mistake. Well I did this again quickly. 4292.68 Quote Link to comment Share on other sites More sharing options...
0 Guest Posted July 26, 2009 Report Share Posted July 26, 2009 ok guess number two.. i mean definitely the answer number 2 so i relooked at it and the mistake i missed was 1wb at the beggining so summation E prob white W prob black B E=WE+W^2E+W E=W/(1-W-W^2)=8131..... but that is forgetting the B so E=8131.578947*B=3106.263158 Im pretty sure this is right now anyway I tried to look up this problem you were talking about. can you tell me what this problem is or what website i could find it on. Quote Link to comment Share on other sites More sharing options...
0 superprismatic Posted July 26, 2009 Author Report Share Posted July 26, 2009 (edited) ok guess number two.. i mean definitely the answer number 2 so i relooked at it and the mistake i missed was 1wb at the beggining so summation E prob white W prob black B E=WE+W^2E+W E=W/(1-W-W^2)=8131..... but that is forgetting the B so E=8131.578947*B=3106.263158 Im pretty sure this is right now anyway I tried to look up this problem you were talking about. can you tell me what this problem is or what website i could find it on. Spot on! Part 1 is indeed that! I can't give you a website because I got it from some privately published papers containing original Walter Penney problems. I'm glad you liked this one -- I'll put out more from time to time. I won't do it too quickly, though. Walter Penney was a master puzzle maker and I don't want to monopolize things. Walter died in 2000 at the age of 87. Edited July 26, 2009 by superprismatic Quote Link to comment Share on other sites More sharing options...
Question
superprismatic
Here is my modification of a puzzle by the late
great puzzle maker, Walter Penney:
There are 309 white balls and 191 black balls in
a bag. A man makes a deal in which he draws balls
one at a time from the bag, replacing and mixing
after each draw, and if the first black ball is
drawn on the Nth trial, he is to receive a number
of dollars equal to the Nth Fibonacci number
(0,1,1,2,3,5,8,13,... for N=1,2,3,4,5,6,7,8,...).
Two questions:
1. What is the expected payoff for the man?
2. If he were to surreptitiously place one more
white ball in the bag, by how much does it improve
his expectation from that in question 1?
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