Mathematics, 23.11.2019 05:31, elijah4723
There are two envelopes, each of which has a check for a unif(0,1) amount of money, measured in thousands of dollars. the amounts in the two envelopes are independent. you get to choose an envelope and open it, and then you can either keep that amount or switch to the other envelope and get whatever amount is in that envelope.
suppose that you use the following strategy: choose an envelope and open it. if you observe 'u', then stick with that envelope with probability 'u', and switch to the other envelope with probability 1-u
a) find the probability that you get the larger of the two amounts
b) find the expected value of what you will receive
Answers: 2
Mathematics, 21.06.2019 16:00, bailey1025
5× 1/2 = ? a) more than 5 because you are multiplying by a whole number b) 5/10 because you multiply the numerator and denominator by 5 c) less than 5 because you are multiplying by a number that is more than 1 d) less than 5 because you are multiplying by a number that is less than 1
Answers: 3
Mathematics, 21.06.2019 17:00, Damani14
According to modern science, earth is about 4.5 billion years old and written human history extends back about 10,000 years. suppose the entire history of earth is represented with a 10-meter-long timeline, with the birth of earth on one end and today at the other end.
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Mathematics, 21.06.2019 20:30, talexander131
The difference between two numbers is one. three times the larger number minus two times the smaller number is 9. what are the two numbers
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There are two envelopes, each of which has a check for a unif(0,1) amount of money, measured in thou...