The problem: My daughter wants to have a collection of certain Kinder Surprise toys. There're 10 different toys in this series. Assuming the chances of getting each toy are equal, how many Kinder Surprises should I buy to get her a full collection?
What I did was 1/1+1/0.9+1/0.8+1/0.7+1/0.6+1/0.5+1/0.4+1/0.3+1/0.2+1/0.1 and it gave me the answer of 29.28968
Question 1: is it correct? Is there a better way to do it?
Question 2: I want to know how dispersed the hypothetical data of buying Kinder Surprises until you get all 10 would be . If it is applicable in this situation, standard deviation would answer my question. If I knew the standard deviation, I would know that ~95% of values lie within 2 standard deviations, so I could decide on how many Kinder Surprises to buy to get a full collection for sure.
Edit: if you have an answer which you can explain both mathematically and as an R idiom [software], including the latter would be very helpful.
As to your coin example, if we flip it twice we'll get heads at least once in 75% cases, isn't this certainty?
– Th334 Nov 01 '13 at 05:11