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You're given a die game: You roll a die, and are payed the outcome of the roll in dollars. (1) Determine the expected value of this game. (2) Determine a price at which you'd be willing to "sell" the game to a client ("spread") and pitch the product.
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Trader

Interviewed at JPMorganChase

3.9★
Mar 20, 2011

You're given a die game: You roll a die, and are payed the outcome of the roll in dollars. (1) Determine the expected value of this game. (2) Determine a price at which you'd be willing to "sell" the game to a client ("spread") and pitch the product.

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