Calculating Expected Value and Variance of Coin Toss Results

In summary, the expected value of a coin toss is 0.5, which is calculated by multiplying the number of possible outcomes (2) by the probability of each outcome (0.5 for heads and 0.5 for tails) and adding them together. The expected value cannot be greater than 1, as the probability of each outcome cannot exceed 1. If the coin is biased, the expected value will be higher for the biased side and lower for the other side. The expected value is not affected by previous tosses, as each toss is an independent event.
  • #1
pawlo392
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A coin had tossed three times. Let ##X##- number of tails and ##Y##- number of heads. Find the expected value and variance ##Z=XY##.
My solution:
We know, that ##Y=3-X##, so ##Z=(3-X)X## for ##X=0,1,2,3##.
##Z=2## for ##X=1,2## and ##Z=0## for ##X=3,0##
So, ##E(Z)=E((3-X)X))= 2 \cdot ⅜ +2 \cdot ⅜.##
Because we're interested in events :
1 head and 2 tails, and 1 tail and 2 heads.
And ##E(Z^2)=4 \cdot⅜ +4 \cdot ⅜##. What do You think?
 
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  • #2
That looks good to me.
 

FAQ: Calculating Expected Value and Variance of Coin Toss Results

1. What is the expected value of a coin toss?

The expected value of a coin toss is 0.5, which means that on average, out of multiple tosses, half of the outcomes will be heads and half will be tails.

2. How is the expected value of a coin toss calculated?

The expected value of a coin toss is calculated by multiplying the number of possible outcomes (2) by the probability of each outcome (0.5 for heads and 0.5 for tails) and then adding the results together. In this case, (2 x 0.5) + (2 x 0.5) = 1, so the expected value is 1.

3. Can the expected value of a coin toss be greater than 1?

No, the expected value of a coin toss cannot be greater than 1. This is because the probability of each outcome cannot be greater than 1, and the expected value is calculated by multiplying the probability by the number of outcomes.

4. How does the expected value of a coin toss change if the coin is biased?

If the coin is biased, meaning that it is more likely to land on one side than the other, the expected value will change. The expected value will be higher for the side that the coin is biased towards and lower for the other side.

5. Is the expected value of a coin toss affected by previous tosses?

No, the expected value of a coin toss is not affected by previous tosses. Each toss is an independent event, and the expected value remains the same regardless of the previous outcomes.

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