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Sitting on the Fence (Posted on 2013-08-13) Difficulty: 3 of 5
Ann has a choice of two babysitting payment options:
  1. She can accept a flat rate of $15 for a night's work, or:
  2. She can choose two of six sealed envelopes containing $1, $1, $5, $5, $10 and a $20 bill.
(For example, the second option could leave Ann with as little as $2 or as much as $30 for a night's work.)

Assuming that Ann will have to babysit for a very long period of time, which is the better payment option for her?

No Solution Yet Submitted by K Sengupta    
Rating: 3.0000 (1 votes)

Comments: ( Back to comment list | You must be logged in to post comments.)
re(2): solution, different result | Comment 3 of 5 |
(In reply to re: solution, different result by Hugo)

I agree with Hugo, with specific  amounts giving the show totals:

1 + 2 = 2     1 + 3 = 6     1 + 4 = 6     1 + 5 = 11    1 + 6 = 21
2 + 3 = 6     2 + 4 = 6     2 + 5 = 11    2 + 6 = 21    3 + 4 = 10
3 + 5 = 15    3 + 6 = 25    4 + 5 = 15    4 + 6 = 25    5 + 6 = 30

  Posted by Charlie on 2013-08-13 13:54:51
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