Analyzing the Setup
Imagine you are standing at the edge of a vast probability space. We have five coins, and we are about to toss them into the air.
With each toss, the universe splits into two possibilities: heads or tails. Over five tosses, this creates a total sample space of 25=32 equally likely outcomes. This is our foundation, the denominator for every probability we will calculate today.
The "Exactly" Trap
Now, let's define our random variable X. The problem introduces a condition: X takes the value k if we get exactly k consecutive heads, where k∈{3,4,5}.
If we fail to get at least three consecutive heads, X takes a penalty of −1. The word "exactly" is our North Star here; it prevents us from overcounting.
For example, if we have HHHHH, that is X=5. If we have HHHHT, that is X=4. If we have HHHTH, that is X=3. We must be precise.
Case-by-Case Analysis
For X=5, there is only one way: HHHHH. Thus, P(X=5)=321.
For X=4, we need exactly four consecutive heads. The sequence could be HHHHT or THHHH. That gives us two favorable outcomes. Thus, P(X=4)=322.
Now, for X=3, we need exactly three consecutive heads. Let's place the block of three heads systematically:
1. At the start: HHHTH and HHHTT. (Note: HHHTH is valid because the 4th is a tail, and HHHTT is valid because the 4th is a tail).
2. In the middle: THHHT. (The 1st and 5th must be tails to keep it exactly 3 heads).
3. At the end: HTHHH and TTHHH. (The 2nd must be a tail to keep it exactly 3 heads).
That gives us five favorable outcomes. Thus, P(X=3)=325.
The Complementary Shortcut
Instead of counting the remaining 24 outcomes where X=−1, we use the beauty of the complement rule. Since the sum of all probabilities must be 1, we have:
P(X=−1)=1−[P(X=3)+P(X=4)+P(X=5)]
Substituting our values, we get:
P(X=−1)=1−325+2+1=1−328=3224
The Expected Value
Finally, we calculate the expected value E[X]=∑xiP(X=xi). Substituting our values:
E[X]=(−1)(3224)+3(325)+4(322)+5(321)
Calculating the numerator: −24+15+8+5=4.
So, E[X]=324=81.
And there you have it! The expected value is 81. It is a small, positive number, suggesting that despite the penalty, the rare occurrences of long streaks of heads pull the average into positive territory.