Revision as of 02:17, 9 June 2024 by Bot (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 a poker hand, John has a very strong hand and bets 5 dollars. The probability that Mary has a better hand is .04. If Mary had a better hand she would raise with probability .9, but with a poorer hand she would only raise with probability .1....")
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Jun 09'24

Exercise

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In a poker hand, John has a very strong hand and bets 5 dollars. The

probability that Mary has a better hand is .04. If Mary had a better hand she would raise with probability .9, but with a poorer hand she would only raise with probability .1. If Mary raises, what is the probability that she has a better hand than John does?