Mathematics
Mathematics, 15.10.2020 08:01, kaylaamberd

A person tosses a fair coin until a tail appears for the first time. If the tail appears on the nth flip, the person wins 2n

dollars. Let X denote the player’s winnings. Show that

E[X]=+[infinity]

This problem is known as the St. Petersburg paradox.

(a) Would you be willing to pay $1 million to play this game once?

(b) Would you be willing to pay $1 million for each game if you could play for as long as you liked and only had to settle up when you stopped playing?

answer
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 14:10, SMURFETTE86
Can u guys do this ratio question. this is extremely urgent a tap is leaking water at a rage of 1l every 8 hours. how long will it take for the tap to leak a total of 300ml?
Answers: 1
image
Mathematics, 21.06.2019 22:00, reyrey216
Asystem of linear equations with more equations than unknowns is sometimes called an overdetermined system. can such a system be consistent? illustrate your answer with a specific system of three equations in two unknowns. choose the correct answer below. a. yes, overdetermined systems can be consistent. for example, the system of equations below is consistent because it has the solution nothing. (type an ordered pair.) x 1 equals 2 comma x 2 equals 4 comma x 1 plus x 2 equals 6 b. no, overdetermined systems cannot be consistent because there are fewer free variables than equations. for example, the system of equations below has no solution. x 1 equals 2 comma x 2 equals 4 comma x 1 plus x 2 equals 12 c. yes, overdetermined systems can be consistent. for example, the system of equations below is consistent because it has the solution nothing. (type an ordered pair.) x 1 equals 2 comma x 2 equals 4 comma x 1 plus x 2 equals 8 d. no, overdetermined systems cannot be consistent because there are no free variables. for example, the system of equations below has no solution. x 1 equals 2 comma x 2 equals 4 comma x 1 plus x 2 equals 24
Answers: 3
image
Mathematics, 21.06.2019 22:00, Jasten
Set $r$ is a set of rectangles such that (1) only the grid points shown here are used as vertices, (2) all sides are vertical or horizontal and (3) no two rectangles in the set are congruent. if $r$ contains the maximum possible number of rectangles given these conditions, what fraction of the rectangles in set $r$ are squares? express your answer as a common fraction.
Answers: 1
image
Mathematics, 21.06.2019 23:30, Ab20600
Plzzz answer both questions and i will give you 100 points
Answers: 1
Do you know the correct answer?
A person tosses a fair coin until a tail appears for the first time. If the tail appears on the nth...

Questions in other subjects:

Konu
English, 11.04.2021 20:20
Konu
History, 11.04.2021 20:20