Last post wins.
07-04-2012, 01:46 AM
(This post was last modified: 07-04-2012 01:47 AM by phrenikos.)
Post: #46
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RE: Last post wins.
I've got one for you non-stat majors (St. petersburg paradox):
Let's say I offer you a game: A coin is tossed at every stage. The pot starts at 1 dollar and is doubled every time a head appears. When a tail appears, the game ends and you win the money in the pot. (i.e. You win 4 dollars if two heads appear, and then a tail appears after) How much are you willing to pay for this game? |
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