subject
Mathematics, 07.11.2019 03:31 nae467

Aperson 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?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 13:00
Adice is rolled 5 times. how many possible rolls are there? ( determine the number of outcomes using only the fundamental counting principal )
Answers: 1
question
Mathematics, 21.06.2019 13:40
Use the normal approximation to the binomial distribution to answer this question. fifteen percent of all students at a large university are absent on mondays. if a random sample of 12 names is called on a monday, what is the probability that four students are absent?
Answers: 2
question
Mathematics, 21.06.2019 16:00
The step function g(x) is defined as shown.what is the range of g(x)? ***answer choices in picture.
Answers: 3
question
Mathematics, 21.06.2019 17:00
The following graph shows the consumer price index (cpi) for a fictional country from 1970 to 1980? a.) 1976 - 1978b.) 1972 - 1974c.) 1974 - 1976d.) 1978 - 1980
Answers: 1
You know the right answer?
Aperson tosses a fair coin until a tail appears for the first time. if the tail appears on the nth f...
Questions
question
Biology, 25.09.2019 11:10
question
History, 25.09.2019 11:10
question
History, 25.09.2019 11:10
question
Mathematics, 25.09.2019 11:10
Questions on the website: 13722361