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Find the Coin puzzle
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06-21-2010, 02:57 PM
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13
dreams
It's about the umbrella
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Congratulations, HarryT! You are quick with these.
**putting away paper and crayons, as I try to answer.. I don't do well with probability ones.
**
Q1 :
Spoiler
:
Cups .. L - C - R 1/3 chance when placing bet
L Cup empty so now it's 2/3 that my choice was correct.
For making the decision to stay or change the chance is 1/2.
So 1 coin at 2/3 or 2 coins at 1/2
Some how I'm lost already, but it looks like that if I stay with the 1 coin on my original guess of 2/3, then I will end up with spending less and earning more over time?
Q2:
Spoiler
:
Someone knocks a cup over and it may not be the one that the showman was going to show you was empty.
You started with a 1/3 chance, but the unexpected cover lifting changed it for the showman, but I don't think it changed it for you. You still have the 2/3 chance with one cup gone, which is now 1/2.
I would still continue and not double my bet, because of the reasoning I used in Q1.
Q3:
Spoiler
:
I would still continue the game as my known odds aren't different.
I still wouldn't double my bet as my odds of coming out with more money over the long run is better by staying with the original bet.
I think this is the same reasoning I used for all the Q's...
dreams
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