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 Sitting on the Fence (Posted on 2013-08-13)
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 No Rating

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 = 212 + 3 = 6     2 + 4 = 6     2 + 5 = 11    2 + 6 = 21    3 + 4 = 103 + 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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