Rolling together percentages probabilities

In summary, the conversation discusses the rules of a slot machine game where the player has to get four balls, three blue and one red, to appear in specific slots in order to win. The chances of the red ball activating is fixed at 10% while the chances of the blue ball activating is only 2%. The person is asking for help to calculate the percentage of winning the game if the events occur in the exact series of 10%, 2%, 10%, and 10%. There is a misunderstanding with the math used as the percentage for 2% should be written as 0.02 instead of 0.2.
  • #1
Vincent Vega
42
0
Hi,

Wondering if you gals/guys could help me here.
For simplicity sake, say you have slot machine. To win the game all four balls must appear in four slots. Three of the balls are blue and one red. The 2nd slot is reserved for the blue ball. As for the red balls, they can only appear in the remaining slots, 1st, 3rd and 4th.

There's a fixed 10% chance that red will activate, there's only a 2% chance blue will activate. The event must be in that exact series for you to win.
I'm totally lost, and this is over my head assuming that "binomial distribution" is needed. How do I calculate these percentages together to find what the percentage of me winning that game would be.

a 10% followed by a 2% followed by a 10% followed by a 10%

[tex]0.10*0.02*0.10*0.10[/tex]
 
Last edited:
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  • #2
Vincent Vega said:
a 10% followed by a 2% followed by a 10% followed by a 10%

[tex]0.10*0.2*0.10*0.10[/tex]

Not sure if your logic is right, but your math is wrong. 2% would be 0.02, not 0.2.
 
  • #3
DaveC426913 said:
Not sure if your logic is right, but your math is wrong. 2% would be 0.02, not 0.2.

I tried typing that w/ the tex tags and it auto-filled that value?
 
  • #4
DaveC426913 said:
Not sure if your logic is right, but your math is wrong. 2% would be 0.02, not 0.2.
edit never mind it edited it now. :)
how do you force it?
Code:
0.10*0.02*0.10*0.10

whoops, sorry for the double post
 
  • #5
= 0.0002 or 0.02%

To calculate the overall probability of winning, we need to multiply the individual probabilities together. So, in this case, we have a 10% chance of the first slot being red, followed by a 2% chance of the second slot being blue, followed by a 10% chance of the third slot being red, and finally a 10% chance of the fourth slot being red. This gives us a total probability of:

0.10 * 0.02 * 0.10 * 0.10 = 0.0002 or 0.02%

This means that there is a 0.02% chance of winning the game with these specific conditions. However, keep in mind that this is assuming that each ball has an equal chance of being selected for each slot. If there are other factors at play, such as the weight of the balls or the mechanism of the slot machine, then the probabilities may be different. It's always important to consider all potential variables when calculating probabilities.
 

1. What is the meaning of rolling together percentages and probabilities?

Rolling together percentages and probabilities refers to the process of combining multiple statistical measures to calculate the likelihood of a certain outcome. Percentages and probabilities are both measures of likelihood, but they may be used in different contexts and have different interpretations.

2. How are percentages and probabilities related in rolling them together?

Percentages and probabilities are related in that they both represent the chance or likelihood of an event occurring. However, they may be calculated differently and have different interpretations. For example, a 50% chance of rain means that out of 100 days with similar conditions, it is expected to rain 50 times. On the other hand, a probability of 0.5 means that out of every possible outcome, there is a 50% chance of the desired outcome occurring.

3. What is the purpose of rolling together percentages and probabilities?

The purpose of rolling together percentages and probabilities is to obtain a more accurate estimate of the likelihood of a certain outcome. By combining these measures, we can gain a better understanding of the chances of an event occurring and make more informed decisions.

4. What are some examples of situations where rolling together percentages and probabilities is useful?

Rolling together percentages and probabilities can be useful in a variety of situations, such as predicting the outcome of a sports game, estimating the success rate of a medical treatment, or determining the likelihood of a stock market investment yielding a certain return. It can also be helpful in analyzing risk and making decisions based on potential outcomes.

5. Are there any limitations to rolling together percentages and probabilities?

Yes, there are limitations to rolling together percentages and probabilities. These measures are based on assumptions and may not accurately reflect real-world situations. Additionally, the accuracy of the results depends on the quality of the data used and the methods used to calculate the percentages and probabilities. It is important to carefully consider the limitations and potential biases when using these measures to make decisions.

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