Question 1 (a). A casino gambler keeps on inserting fifty Ghana

pesewa coins into a vending machine with the hope of

winning ten Ghana cedis after each try. After five tries,

he has not won anything. Nevertheless, he decides to

continue playing the game.

(i). Indicate whether the decision taken is right or wrong,

giving reasons for your answer.

(ii). Base on your decision taken in (i) above, explain the

probability concept that the gambler employed in

playing the game.

(b). In a coin tossing experiment, two error decisions are

likely to occur. Briefly discuss the implications of

making each of the two errors.