Practice Probability as Expectation in Math

Use these practice problems to test your method after reviewing the concept explanation and worked examples.

Quick Recap

Probability can be interpreted as the long-run relative frequency of an event over infinitely many identical trials of a random experiment.

P(heads)=0.5P(\text{heads}) = 0.5 means if you flip many times, about half will be heads.

Showing a random 20 of 50 problems.

Example 1

medium
A lottery ticket costs $2 and wins $1000 with probability 1/10001/1000. What is the expected net gain per ticket?

Example 2

medium
A factory expects 5 defects per 500 items (p=0.01p=0.01). One batch of 500 has 12 defects. Is this within normal expectation or a possible signal?

Example 3

easy
A game pays $2 with probability 1/21/2 and $0 otherwise. What is the expected payout per play?

Example 4

hard
A game has expected value $0.50 per play. After 100 plays, you've won $10 (versus expected $50\$50). Is the game broken?

Example 5

medium
Why doesn't the law of large numbers guarantee exactly 5050 heads in 100100 flips of a fair coin?

Example 6

medium
In 100 flips of a fair coin you got 57 heads. Does this contradict P(heads)=0.5P(\text{heads})=0.5?

Example 7

easy
If P(defect)=0.01P(\text{defect})=0.01, how many defects are expected in 500 items?

Example 8

medium
80%80\% of customers buy item A. Expected buyers among 250250 customers?

Example 9

medium
Why are casinos profitable in the long run even if individual players can win big?

Example 10

easy
Fill in the blank: As trials increase, the relative frequency of an event tends toward its ___.

Example 11

medium
An archer hits the bullseye 30%30\% of attempts. Expected bullseyes in 5050 shots?

Example 12

hard
A roulette wheel has 3838 slots (1818 red, 1818 black, 22 green). A $1 bet on red pays $1 if red, โˆ’-$1 otherwise. Expected gain per spin?

Example 13

easy
A coin lands heads with probability 0.50.5. In 400400 flips, how many heads do you expect?

Example 14

medium
Over 1000 trials of an event with P=0.1P=0.1, the expected count is 100. If you observe 87, what does the law of large numbers say about more trials?

Example 15

hard
A game pays $10 with probability 0.10.1, $1 with probability 0.50.5, โˆ’$5-\$5 otherwise. Expected value?

Example 16

medium
A carnival game: roll two dice; win $5 if the sum is 7, else lose $1. P(sum=7)=6/36=1/6P(\text{sum}=7)=6/36=1/6. Expected value?

Example 17

medium
A factory ships parts with defect rate 0.020.02. In a shipment of 50005000 parts, how many defective parts are expected?

Example 18

easy
A die has P(6)=1/6P(6)=1/6. In 60 rolls, how many 6s are expected?

Example 19

medium
A test has 44 multiple-choice questions with 44 options each. Random guessing โ€” expected correct answers?

Example 20

medium
A game has three outcomes: win \$10 (prob 0.2), break even \$0 (prob 0.5), lose \$5 (prob 0.3). Calculate the expected value and interpret what it means for 1000 games.