Nightchill
Can't get enough of FH
- Joined
- Dec 22, 2003
- Messages
- 297
No no no. Just follow the links Thorwyn provided.
Bunnytwo said:50/50 not really any different from the flip a coin 6 times and it lands heads up 6 times, whats the odds on it landing heads up a seventh time . . 50/50.
You´re in a gameshow again and the talkmaster (who´s tired of the good old door problem) has two envelopes in his hands. Each of those envelopes contains a cheque with an unknown ammount of money. One of the cheques is worth exactly twice the ammount the other cheque.
You may now chose one of those envelopes. Now, after a short commercial break, the talkmaster asks you if you want to stick to your initial choice, or if you want to switch envelopes.
The math to calculate the expected win is simple. (0,5 * x/2)+(0,5*2x) = 5x/4
That´s a pretty good percentage, better chances than any other lottery game has to offer. If you switch, you win more (when you win) than you lose (when you lose). So you switch envelopes.
After a short commercial break, the talkmaster ask you, if you want to switch envelopes again. Our calculation above is still correct, so you switch again....
and after a short commercial break... etc.etc.etc.
What´s wrong here? How can you gain more (theoretically) than you lose while switching between the two envelopes?
Warning: This is a REAL tough one.