Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You are allowed to take the test up to N = 10 times. After the score of a test comes out, you may either submit

You are allowed to take the test up to N = 10 times. After the score of a test comes out, you may either submit it or take the test again, but you may not submit the score of an old test. Your scores are independent from test to test. Denoted by X i your score of the i th test. Your best score of all N tests is B. Assume that B may occur in any test at an equal probability.

(a) If you submit your score of the first test, what is the probability that it is the best score B?

(b) Suppose that you record your score X 1 of the first test, take more tests one by one, and submit your score whenever it is better than X 1. What is the probability that the submitted score B 1 is the best score B?

(c) Suppose that you record your best score, denoted by S N/2, in the first N/2 tests, take more tests one by one, and submit your score whenever it is better than S N/2. What is the probability that the submitted score B N/2 is the best score B?

(d) Suppose that you record your best score, denoted by S k, in the first k tests, take more tests one by one, and submit your score whenever it is better than S k. What is the probability that the submitted score B k is the best score B?

(e) In (d), as k increases, how does the probability P{Bk = B} vary?

(f) What is the best k to use?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Chaos, Noise And Fractals

Authors: E Roy Pike, L A Lugiato

1st Edition

1000112101, 9781000112108

More Books

Students also viewed these Mathematics questions