btiw2
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Here’s another probability question.
Your mate has a proposition.
You choose a number between 1 and 6.
You then roll three fair dice. If your number comes up he’ll pay you a quid, if not then you pay him a quid.
A fair game, right? You can choose any one of six numbers but with three dice you have a fifty-fifty chance of hitting your number.
Your mate see’s you’re hesitant, so he sweetens the deal. If your number comes up on two of the dice he’ll pay you double (£2).
Not enough? If all three dice show your number he’ll pay you triple (£3).
Your mate is practically a charity!
Should you play his game? If not, why not?
Your mate has a proposition.
You choose a number between 1 and 6.
You then roll three fair dice. If your number comes up he’ll pay you a quid, if not then you pay him a quid.
A fair game, right? You can choose any one of six numbers but with three dice you have a fifty-fifty chance of hitting your number.
Your mate see’s you’re hesitant, so he sweetens the deal. If your number comes up on two of the dice he’ll pay you double (£2).
Not enough? If all three dice show your number he’ll pay you triple (£3).
Your mate is practically a charity!
Should you play his game? If not, why not?