interview question: dice 3 times payoff

1 year ago
4

interview question: dice 3 times payoff

Consider a game where we are allowed to throw a dice 3 times, and we winan amount equal to the number on the dice. We are allowed to stop whenwe want and obtain the value corresponding to the last throw, but if wethrow it 3 times, we must accept the last value. How much is this gameworth?

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