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

Show answers

Another question on Mathematics

Mathematics, 21.06.2019 13:20

Which statement explains how you could use coordinate geometry to prove that quadrilateral abcd is a parallelogram? -5 -4 -3 -2 -1 t 1 2 3 4 prove that all sides are congruent and have slopes that are opposite reciprocals prove that segments ad and ab are congruent and parallel prove that opposite sides are congruent and have equal slopes prove that segments bc and cd are congruent and parallel

Answers: 1

Answer

Mathematics, 21.06.2019 14:00

Suppose a man is heterozygous for heterochromia, an autosomal dominant disorder which causes two different‑colored eyes in an individual, produced 25‑offspring with his normal‑eyed wife. of their children, 15 were heterochromatic and 10 were‑normal. calculate the chi‑square value for this observation.

Answers: 1

Answer

Mathematics, 21.06.2019 20:30

Ateacher brought a pack of 17 batteries . each calculator uses 3 batteries . how many calculator can the teacher fill with batteries

Answers: 2

Answer

Mathematics, 21.06.2019 23:10

Tom travels between the two mile markers shown and then finds his average speed in miles per hour. select the three equations that represent this situation.

Answers: 1

Answer

You know the right answer?

There are two envelopes, each of which has a check for a unif(0,1) amount of money, measured in thou...

Questions

Mathematics, 15.10.2020 03:01

Write an equation of the line below ...

Mathematics, 15.10.2020 03:01

The number of diagonals of an n sided figure is 1/2(n²-3n). Use the formula to find the number of diagonals for 6 sided figure...

Mathematics, 15.10.2020 03:01

Leroy uses 20 pounds of fertilizer to cover 4,000 sq ft of his lawn and 50 pounds to cover 10,000 sq ft. How much does he need to cover his entire yar...