aez-notes
Catching the Cautious Counterfeiter
(a) The king's minter boxes his coins 100 to a box. In each box he puts 1 false coin. The king suspects the minter and from each of 100 boxes draws a random coin and has it tested. What is the chance the minter's peculations go undetected? (b) What if both 100's are replaced by \(n\)?
numCoinsPerBox : n; probSpotFake : 1 / numCoinsPerBox; numBoxesChecked : n; probUndetected : (1 - probSpotFake) ^ numBoxesChecked; print(probUndetected); /* (1 - 1/n) ^ n */ print(float(subst(100, n, probUndetected))); /* approx 0.366 */