the expected value there changes drastically from the first to the second. The expected value in the first case is .50 and for the second envelope is 1.
The first-picked envelope is replaced, empty.
Ah I see, I was reading the problem incorrectly then.
the expected value there changes drastically from the first to the second. The expected value in the first case is .50 and for the second envelope is 1.
The first-picked envelope is replaced, empty.
Ah I see, I was reading the problem incorrectly then.