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        riddles >> microsoft >> Hedge Fund Interview
        
(Message started by: ThudanBlunder on Jul 18th, 2007, 1:48pm)
Title: Hedge Fund Interview
Post by ThudanBlunder on Jul 18th, 2007, 1:48pm
You toss a fair coin and after each toss you can either stop and collect your winnings (equal to the ratio of heads to total flips) or toss again.

What is the expected value of this game?
Title: Re: Hedge Fund Interview
Post by towr on Jul 18th, 2007, 2:10pm
http://www.ocf.berkeley.edu/~wwu/riddles/hard.shtml#coinFlipGameWorth1 ?


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