• C++ Programming for Financial Engineering
    Highly recommended by thousands of MFE students. Covers essential C++ topics with applications to financial engineering. Learn more Join!
    Python for Finance with Intro to Data Science
    Gain practical understanding of Python to read, understand, and write professional Python code for your first day on the job. Learn more Join!
    An Intuition-Based Options Primer for FE
    Ideal for entry level positions interviews and graduate studies, specializing in options trading arbitrage and options valuation models. Learn more Join!

X-files

  • Thread starter Thread starter radosr
  • Start date Start date

radosr

Baruch MFE Faculty
Joined
7/18/07
Messages
696
Points
73
Fox Mulder is standing in the middle of a perfectly circular field. Martian zoologists are landing randomly at points on the circumference of the field. They land at one minute intervals, starting at midnight. As soon as there are Martians at points A,B,C such that triangle ABC contains the center of the field, Fox will be teleported to the waiting space-ship and spend the rest of his life as a guinea pig for Martian experiments. What is the expected time until he is abducted?
 
The answer is 4 minutes.

The probability that (n) randomly and uniformly chosen points on a circle do not contain the center is [imath]\frac{n}{2^{n-1}}[/imath] (a nice and simple solution can be found here Semi-circle covering n points : Puzzle). Now let (X) be the number of minutes it takes Mulder to be abducted, and define [imath]X_n[/imath] to be 1 if the first (n) points do not contain the center, 0 if they do. Then [imath]X=\sum_{n=1}^\infty X_n[/imath], so

[imath]E[X]=\sum_{n=1}^\infty E[X_n]=\sum_{n=1}^\infty\frac{n}{2^{n-1}}=4[/imath]
 
Back
Top