You are rolling a dice, each time, you can stop the game and get paid by the face-up amount, or keep going. You can go at most three times, what's the expected gain?
Quantitative Researcher Interview Questions
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Compare expected value of median and mean of two dice rolls, decision-making dice rolling game
Games with dice and cards.
How do you optimally play this card game?
expected value and probability
Basic probability questions
You roll a 100 sided die and can choose to receive in dollar value the face of the die or to re roll for an additional dollar. You can play as many times as you like. What is the best strategy.
expected values of dice games
They asked a couple of concepts they care a lot about is conditional probability and strategies for games, as well as expected value.
Calculating expectations of dice rolls, making bets on games
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