exercise:5605f532f1: Difference between revisions
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(Created page with "<div class="d-none"><math> \newcommand{\NA}{{\rm NA}} \newcommand{\mat}[1]{{\bf#1}} \newcommand{\exref}[1]{\ref{##1}} \newcommand{\secstoprocess}{\all} \newcommand{\NA}{{\rm NA}} \newcommand{\mathds}{\mathbb}</math></div> In the chain letter problem (see Example) find your expected profit if <ul><li> <math>p_0 = 1/2</math>, <math>p_1 = 0</math>, and <math>p_2 = 1/2</math>. </li> <li> <math>p_0 = 1/6</math>, <math>p_1 = 1/2</math>,...") |
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In the chain letter problem (see [[guide:Baa5a33dd4#exam 10.2.5 |Example]]) find your expected profit if | |||
<ul style="list-style-type:lower-alpha"><li> <math>p_0 = 1/2</math>, <math>p_1 = 0</math>, and <math>p_2 = 1/2</math>. | |||
your expected profit if | |||
<ul><li> <math>p_0 = 1/2</math>, <math>p_1 = 0</math>, and <math>p_2 = 1/2</math>. | |||
</li> | </li> | ||
<li> <math>p_0 = 1/6</math>, <math>p_1 = 1/2</math>, and <math>p_2 = 1/3</math>. | <li> <math>p_0 = 1/6</math>, <math>p_1 = 1/2</math>, and <math>p_2 = 1/3</math>. | ||
Latest revision as of 00:49, 15 June 2024
In the chain letter problem (see Example) find your expected profit if
- [math]p_0 = 1/2[/math], [math]p_1 = 0[/math], and [math]p_2 = 1/2[/math].
- [math]p_0 = 1/6[/math], [math]p_1 = 1/2[/math], and [math]p_2 = 1/3[/math].
Show that if [math]p_0 \gt 1/2[/math], you cannot expect to make a profit.