jhaveen1930 jhaveen1930

25-05-2023
Mathematics

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Problem 1. Two envelopes, each containing a check, are placed in front of you. You are to choose one of the envelopes at random, open it, and see the amount on the check. At this point, either you can accept that amount or exchange it for the check in the unopened envelope. What should you do? Is it possible to devise a strategy that does better than just accepting the first envelope? Let A and B, A

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