Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You have two six-sided dice: One die is fair with the numbers 1 through to 6 occurring with equal probability The other die is loaded

You have two six-sided dice:

  • One die is fair with the numbers 1 through to 6 occurring with equal probability
  • The other die is loaded and always rolls an even number. It rolls a 2, 4 or 6 with equal probability.

You pull one die out of your pocket and roll it. You did not check which die it was before you rolled. (Assume you could have pulled either die out of your pocket with equal probability.)

a) The die shows a six. What is the probability that it is the loaded die? Calculate your answer using Bayes' rule. [1 mark]

b) You pull the other die out of your pocket and roll it. It shows a 5. What is the updated probability that the first die is the loaded die? Calculate your answer using Bayes' rule. [2 marks]

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

Managerial Economics and Business Strategy

Authors: Michael R. baye

7th Edition

978-0073375960, 71267441, 73375969, 978-0071267441

More Books

Students also viewed these Economics questions