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  #1  
Old 10-01-2004, 04:12 PM
DrNO811 DrNO811 is offline
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Default ASM 47.8 v8

I'm trying to solve this problem by calculating the probability of each outcome, and finding the expected value based on that, but I'm messing up my probabilities.

I get the possible values as 2, 4, 5, 7, and 10. I get their respective probabilities as (1/3), (1/9), (1/9), (5/18), and (1/9). I realize these don't sum to 1, and that's my problem...I've double checked everything and not found the mistake. Does anyone know what the correct probabilities should be?
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  #2  
Old 10-01-2004, 04:26 PM
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Bayes?

Take each probability over the sum of all probabilities.
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Old 10-01-2004, 04:30 PM
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It looks like he is trying to calculate the prior probabilities, which should sum to 1.
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Old 10-01-2004, 04:31 PM
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E(X) = 2*2/3 + 5*1/3 = 3
E(Y) = 2*1/3 + 5*2/3 = 4

E(S|A) = 2/3 * 3 + 1/3 * (4*2/9 + 7*5/9 + 10*2/9) = 13/3
E(S|B) = 1/3 * 3 + 2/3 * 7 = 17/3

E(S) = 1/2 * 13/3 + 1/2 * 17/3 = 30/6 = 5
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Old 10-01-2004, 04:31 PM
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Exactly, Kenny. 47.8 is just asking for the prior expected value. My prior probabilities are off, but I keep looking over it, and can't find the mistake.
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Old 10-01-2004, 04:33 PM
DrNO811 DrNO811 is offline
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pc, thanks for posting that, but that basically just shows me the same thing as the solution. I was trying to approach it slightly differently, by calculating the probability of each outcome, and it isn't working.
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Old 10-01-2004, 04:38 PM
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found it...gosh I hate bayesian credibility...so many simple calculations...it's just so easy to make a stupid mistake.
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Old 10-01-2004, 04:39 PM
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Pr(X=2) = 0.5(2/3^2 + 1/3*2/3) = 1/3
Pr(X=4) = 0.5(1/3*2/3*1/3 + 2/3*2/3*1/3) = 1/9
Pr(X=5) = 0.5(2/3*1/3*2) = 2/9
Pr(X=7) = 0.5(1/3*(2/3^2 + 1/3^2) + 2/3(2/3^2 + 1/3^2)) = 5/18
Pr(X=10) = 0.5(1/3*(1/3*2/3) + 2/3*(1/3*2/3)) = 1/9

ok, where is my math mistake? This is why doing the problem like this is dumb!
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  #9  
Old 10-01-2004, 04:39 PM
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Quote:
I get the possible values as 2, 4, 5, 7, and 10. I get their respective probabilities as (1/3), (1/9), (1/9), (5/18), and (1/9).
2: 1/2 * 2/3 * 2/3 + 1/2 * 1/3 * 2/3 = 1/3
4: 1/2 * 1/3 * 2/9 + 1/2 * 2/3 * 2/9 = 1/9
5: 1/2 * 2/3 * 1/3 + 1/2 * 1/3 * 1/3 = 1/6
7: 1/2 * 1/3 * 5/9 + 1/2 * 2/3 * 5/9 = 5/18
10: 1/2 * 1/3 * 1/3 * 2/3 + 1/2 * 2/3 * 1/3 * 2/3 = 1/9

1/3 + 1/9 + 1/6 + 5/18 + 1/9 = 1
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Old 10-01-2004, 04:40 PM
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found it, thanks pcact.
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