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Maximize your chances of winning!! 

Dr Peyam
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Maximize your chances of winning!!
Suppose you have a crooked coin, where the probability of getting head is p and the chances of getting tails is 1-p. We will answer the following question: Which value of p do you have to pick to maximize the probability of getting 7 heads in a series of 10 coin tosses? This is a must-see for probabilists and calculus students, and will change the way you think about likelihoods and the binomial distribution!!
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6 окт 2024

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Комментарии : 40   
@mertaliyigit3288
@mertaliyigit3288 2 дня назад
This technique is called maximum likelihood estimator and is used to estimate parameters of a given probability distribution!
@saath9738
@saath9738 2 дня назад
That's an awesome take on Bernoulli's trials! Never thought of it as a function of p, always as a function of k instead. Awesome video as usual Sir! I love how simplistic the result is in the end, no nCr's etc. and just overall awesome.
@drpeyam
@drpeyam 2 дня назад
Thank you so much!!!
@snejpu2508
@snejpu2508 2 дня назад
This problem seems a truism. In order to get heads 7/10 times, we would better take a coin that has a probability of 7/10 of getting heads. Unbelievable. But the calculations needed to confirm this obvious conclusion are indeed interesting. ;-)
@marcelob.5300
@marcelob.5300 2 дня назад
I didn't understand it but I feel there is something furiously interesting about it. Thanks.
@SystemsMedicine
@SystemsMedicine 2 дня назад
When I see a simple (intuitive) final result like this, I wonder if there isn’t a (provable) more general way of looking at the problem. If there is such a way, it could probably be used to solve much more complicated versions of the problem. [Maybe looking at the continuum version, with an arbitrary probability distribution would help.]
@drpeyam
@drpeyam 2 дня назад
I was wondering that too!!
@SystemsMedicine
@SystemsMedicine 2 дня назад
@@drpeyam It’s going to be a convolution integral, or something like that…
@SystemsMedicine
@SystemsMedicine 2 дня назад
@@drpeyam ps I love your vids…
@benburdick9834
@benburdick9834 2 дня назад
This would make a great calc 1 problem
@iblackfeathers
@iblackfeathers 2 дня назад
but what are crooked coins? which denominations? and i would imagine there are variances of crookedness. how would you measure that to get to this point? is there a table of this data?
@metallsnubben
@metallsnubben 2 дня назад
It's a math question and not a physics question
@FatihKarakurt
@FatihKarakurt День назад
A simpler approach would be the using odds, which doesn't require calculus at all. You want p/(1-p) = k/(N-k)
@drpeyam
@drpeyam День назад
Can you elaborate?
@FatihKarakurt
@FatihKarakurt День назад
@@drpeyam Actually, the same can be done in terms of probability as well. Not sure the rigor in math wise, but... p=P(H); 
 I_i = indicator that toss i is H
 E{ sum(I_i) } = Np due to linearity of expectations.

 We want Np = k. Therefor p=k/N.
@drpeyam
@drpeyam 19 часов назад
Why do you want Np = k?
@FatihKarakurt
@FatihKarakurt 18 часов назад
@@drpeyam that's the definition of the problem. We want to get k number of heads, out of N independent trials each with a probability of p.
@koenth2359
@koenth2359 День назад
3:47 Chen Lu! I've missed her so....
@koenth2359
@koenth2359 День назад
An interesting question is the following: someone gives you a coin and says: "This is a false coin, having a certain probability p for throwing heads on each throw. You can do 10 throws and then give me your best estimate (by which I mean the expectation value) of the p of the coin. The coin was taken randomly from my very large collection of coins, which is uniformly distributed, so a priori every p between 0 and 1 is equally likely." You then toss it 10 times, and get 7 heads and 3 tails. Now, what is the expected value of p (denoted )? Hint: it is not exactly 7/10. (Is it possible to throw 0 heads with a coin with p>0? Further hints below.) Let = ʃ p• P(7 H, 3 T | p) dp / ʃ P(7 H, 3 T | p) dp where integration bounds are from 0 to 1 and P(n-k H, k T) = (n choose k) pᵏ(1-p)ⁿ⁻ᵏ. Show by repeated integration by parts that ₁ ʃ xᵏ(1-x)ⁿ⁻ᵏ dx = 1/ (n choose k) ⁰ Use this formula in both numerator and denominator of the expression for to get = 1/(n+1 choose k+1) /(1/(n choose k)) = (k+1)/(n+1) So the answer is 8/11.
@marcelob.5300
@marcelob.5300 2 дня назад
This appears to me as a way of deducting the widely known theoretical probability formula p=k/n. So, more like a math lesson than a probability lesson, right?
@drpeyam
@drpeyam 2 дня назад
I didn’t know about that formula
@doctorb9264
@doctorb9264 2 дня назад
Great problem and such a simple solution.
@drpeyam
@drpeyam 2 дня назад
Thank you!!
@Akihikoo_
@Akihikoo_ 2 дня назад
very interesting indeed!!!
@V1tal1t1
@V1tal1t1 2 дня назад
Here’s another fairly easy one I came up with that ChatGPT o1-preview can’t solve (correctly))) There are N identical black balls in a bag. I randomly take one ball out of the bag. If it is a black ball, I throw it away and put a white one back into the bag instead. If it is a white ball, I simply throw it away and do not put anything back into the bag. The probability of getting any ball is the same. Questions: 1. 1. How many times will I need to reach into the bag in order to empty it? 2. What is the expected maximum number of white balls in the bag in the limit as N goes to infinity ?
@Wielorybkek
@Wielorybkek 2 дня назад
really cool!
@joeeeee8738
@joeeeee8738 2 дня назад
Nice little video, you should show the graph you mentioned at the end.
@drpeyam
@drpeyam 2 дня назад
It’s in the thumbnail!!
@joeeeee8738
@joeeeee8738 2 дня назад
@@drpeyam it's better to also show it on the video along with you explaining it!
@koenth2359
@koenth2359 День назад
How do you do clean the board by finger snapping? I've practised a lot, but to no avail.
@drpeyam
@drpeyam День назад
Hahaha peyamagic 😂
@Fluxinate
@Fluxinate 2 дня назад
You're great
@drpeyam
@drpeyam 2 дня назад
Thank you!!!
@Lesparo
@Lesparo 2 дня назад
:o
@YouTube_username_not_found
@YouTube_username_not_found 2 дня назад
Google translated this to: :the
@MushookieMan
@MushookieMan 2 дня назад
the probability of getting head is 1/2
@drpeyam
@drpeyam 2 дня назад
For a fair coin!
@bjornfeuerbacher5514
@bjornfeuerbacher5514 2 дня назад
@MushookieMan: Both in the video and in the text below, it was stated explicitly that this is about a _crooked_ coin, where the probably could be any p. Learn to listen and read before writing comments.
@gyanprakashraj4062
@gyanprakashraj4062 2 дня назад
BASIC GAME THEORY KAA QUESTIONS...BANAA CHE CHE...DIMAAG CHHOTAA BE REAL...
@drpeyam
@drpeyam 2 дня назад
What?
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