Andy the Actuary Posted March 20, 2010 Posted March 20, 2010 A census taker visits some number of families and determines that on average they have 2.6 children. (a) What is the least number of families in this census? (b) Given that the least number of families was polled, how many children in total did the families have? © So, (a) and (b) are too easy? Agreed. So, in how many ways may these children have been distributed among the families (e.g., one family could have had all of them, or they could have been split among two families, etc.)? The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.
Guest Sieve Posted March 21, 2010 Posted March 21, 2010 Answers from a non-actuary: (a) 5; (b) 13; and © a huge number!
Andy the Actuary Posted March 21, 2010 Author Posted March 21, 2010 Answers from a non-actuary: (a) 5; (b) 13; and © a huge number! You done good and in New Math (Math, Nu?) circles, we award an "A" for recognizing that though likely only about one sixth billionth of the US Natioinal Debt, © is a huge number The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.
Guest Sieve Posted March 21, 2010 Posted March 21, 2010 If it's only a six billionth of the national debt, © is not as big a number as I'd figured it would be . . .
Mike Preston Posted March 22, 2010 Posted March 22, 2010 Let x = 1, then the answer is: ((x+1) x 10(x+1) + (x+2) x 10x + (x+3)2 x 100 / 2) x 101 Right?
Andy the Actuary Posted March 22, 2010 Author Posted March 22, 2010 Let x = 1, then the answer is:((x+1) x 10(x+1) + (x+2) x 10x + (x+3)2 x 100 / 2) x 101 Right? We are talking about arranging 13 indifferent objects [kids] among 5 boxes [families] with blanks [no pun intended] permitted. Then, evaluate [n+r-1]C[r-1]: [13+5-1]C[5-1]=17C4=2,380 Best to test the formula with small numbers, like 5 objects among 3 boxes = [5+3-1]C[3-1]=7C2=21. It's fairly simple to write out the cases and see that you get 21. The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.
Belgarath Posted March 22, 2010 Posted March 22, 2010 No, because I can't see your face. As to evaluating the math, I have to count on my fingers, (but I can guess which one you are holding up right now) and even then I get mixed up, so I'm in complete awe of those of you to whom this stuff makes sense. I get something like (1 to the hob) plus (2 to the fob) which gives you (3 to the hobenfoben) divided by the (fobenhoben) times the (hobfobhobentofobenfobenhoben) which of course equals the hobfob which everyone knows is the BoSox team ERA for next year.
Andy the Actuary Posted March 22, 2010 Author Posted March 22, 2010 Did you evaluate my expression? Let x = 1, then the answer is: ((x+1) x 10(x+1) + (x+2) x 10x + (x+3)2 x 100 / 2) x 101 Right? x=1 ==> (2 x 10^2 + 3 x 10 ^ 1 +16 x 1/2] x 10 = (200 + 30 + 8) x 10 = 2,380 Yes, I had, but was to0 dense to see if your expression had anything to do with how you solved the problem or you solved the problem in some other fashion and then you simply wanted to be cute. The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.
Mike Preston Posted March 22, 2010 Posted March 22, 2010 Instead of xCy I've always been fond of: ( x ) y But darn if I know how to format that so that it looks right. You didn't ask for the underlying formulas.
Guest Sieve Posted March 22, 2010 Posted March 22, 2010 A got a Valentine's Day card once that was signed XXOOXXOOXXOO. Does that mean my secret admirer was an actuary? Or is that, perhaps, the formula that solves Andy's hypothetical lazy census taker question?
Andy the Actuary Posted March 22, 2010 Author Posted March 22, 2010 Instead of xCy I've always been fond of:( x ) y But darn if I know how to format that so that it looks right. You didn't ask for the underlying formulas. In the ancient books I read, n! is represented as | n The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.
Tom Poje Posted March 22, 2010 Posted March 22, 2010 Sieve- I thought that meant you were considered to be an OX-e- Moron
Guest Sieve Posted March 22, 2010 Posted March 22, 2010 Tom -- Perhaps you speak the truth. Of course, if given the choice, 'tis better to mess with a hamster-e-moron than an ox-e-moron.
david rigby Posted March 22, 2010 Posted March 22, 2010 A got a Valentine's Day card once that was signed XXOOXXOOXXOO. Does that mean my secret admirer was an actuary? Or is that, perhaps, the formula that solves Andy's hypothetical lazy census taker question? Perhaps a football coach? I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
Andy the Actuary Posted March 23, 2010 Author Posted March 23, 2010 For sake of illustration, assume 6 (n items) identical items, x, going into 4 (r boxes) boxes. Let's assume no vacant boxes for the time being. Then, we look at the number of intervals as x|X|X|X|X|X. So, there are 5 intervals, or in the general sense, n-1 intervals. Now, let's just look at the objects partitioned into one arrangement into the four boxes: xxx|x|x|x. Note, there are three partitions, or in the general sense r-1 partitions. Then if we look at the number of combinations of n-1 intervals taken r-1 at a time, we have the answer when blank boxes are not permitted. This is n-1Cr-1. To see this it may be helpful in the above arrangements to blank out the x's in your mind and think of the intervals in the second paragraph as mail box pidgeon holes and the partitions as marbles. Now, suppose blank boxes are permissible. Then, rather than looking at n items, we're really looking at n+r items where we will distributing r blank items as if they were real items. So, the answer is n+r-1Cr-1 The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.
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