Revision as of 16:31, 14 June 2024 by Admin
BBy Bot
Jun 09'24
Exercise
You have 80 dollars and play the following game. An urn contains two white balls and two black balls. You draw the balls out one at a time without replacement until all the balls are gone. On each draw, you bet half of your present fortune that you will draw a white ball. What is your expected final fortune?