Probability Question about Affording Loaves

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In summary: It would be better if you could provide a step by step solution.Thanks for the question! I can't provide a step by step solution, but I can provide a summary of the steps involved.In summary, Lillian is in a hurry and randomly selects 2 loaves of bread from the bakery. She only has 4 dollars in her purse, so she can't afford both of the chosen loaves.
  • #1
Byeongok
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A bakery sells 3 types of bread: raisin at 2 dollars a loaf, sourdough at 3 dollars a loaf and white at 1.5 dollars a loaf. There are twice the number of white loaves than sourdough and equal numbers of sourdough and raisin. Lillian is in a hurry and randomly selects 2 loaves and takes them to the counter to pay.
Lillian only has 4 dollars in her purse.

Show suitable workings to find the probability that Lillian will be able to afford her 2 chosen loaves.

Lillian Purse = 4 dollars
2 Raisin = 4 dollars
2 Sourdough = 6 dollars
2 White bread = 3 dollars

1 Raisin = 1 Sourdough = 2 White
(She can’t afford 2 of sourdough)

Pr (Can’t afford 2 Loaves) = 1/4
Pr (Can afford 2 Loaves) = 3/4 b. State any assumptions you have made.

She has ¾ chance that she can afford 2 loaves of bread, and ¼ chance she can’t afford 2 loaves of bread.

EDIT: I DONT KNOW WHY THE FONTS ARE WEIRD FOR THE FIRST PART D:
EDIT2: FIXED
 
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  • #2
Hi Year10Student,

Welcome to MHB! :)

If we assume that she must pick two of the same kind, then you are correct.

Here's a way to do it through probability properties. We know that \(\displaystyle P(W)+P(S)+P(R)=1\) because the sum of all possible probabilities must equal 1. We also know that $P(S)=P(R)$ as well as $2P(S)=P(W)$. Combining this into the first equation we get that $2P(S)+P(S)+P(S)=1$, which means \(\displaystyle 4P(S)=1 \implies P(S)=\frac{1}{4}, P(R)=\frac{1}{4}, P(W)=\frac{1}{2}\)

She can afford two raisins or two whites, so if we add $P(R)+P(W)$ we indeed get \(\displaystyle \frac{3}{4}\) and get \(\displaystyle \frac{1}{4}\) for the sourdough, which she can't afford.

To do the problem this way we have assumed two things:

1) She will pick 2 loaves of the same kind of bread.
2) Each loaf is equally likely.
 
  • #3
Jameson said:
Hi Year10Student,

Welcome to MHB! :)

If we assume that she must pick two of the same kind, then you are correct.

Here's a way to do it through probability properties. We know that \(\displaystyle P(W)+P(S)+P(R)=1\) because the sum of all possible probabilities must equal 1. We also know that $P(S)=P(R)$ as well as $2P(S)=P(W)$. Combining this into the first equation we get that $2P(S)+P(S)+P(S)=1$, which means \(\displaystyle 4P(S)=1 \implies P(S)=\frac{1}{4}, P(R)=\frac{1}{4}, P(W)=\frac{1}{2}\)

She can afford two raisins or two whites, so if we add $P(R)+P(W)$ we indeed get \(\displaystyle \frac{3}{4}\) and get \(\displaystyle \frac{1}{4}\) for the sourdough, which she can't afford.

To do the problem this way we have assumed two things:

1) She will pick 2 loaves of the same kind of bread.
2) Each loaf is equally likely.

Thanks for the reply!

but would it be possible to find out the probability of her being able to afford 2 loaves that aren't the same type?

For example, 1 sourdough and 1 white bread or 1 raisin and 1 white.

Its confusing!
 

FAQ: Probability Question about Affording Loaves

What is probability?

Probability is a measure of the likelihood of an event occurring. It is expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

How is probability calculated?

Probability is calculated by dividing the number of desired outcomes by the total number of possible outcomes. This can be represented as a fraction, decimal, or percentage.

What is the probability of affording loaves?

The probability of affording loaves would depend on various factors such as income, expenses, and the cost of the loaves. Without specific information, it is impossible to determine the exact probability.

How can probability be used in real life?

Probability can be used in real life to make decisions, assess risk, and predict outcomes. For example, a business may use probability to determine the likelihood of a new product being successful or a doctor may use it to assess the likelihood of a patient having a certain disease.

Can probability be manipulated?

No, probability cannot be manipulated. It is a mathematical concept that follows specific rules and calculations. However, it can be influenced by changing the conditions or variables involved in the calculation.

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