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Ok, I'm not a huge math wiz and after reading this article 2x, I'm still at a loss as to what the answer is. So after we have the nice breakdown in the form of
by geuis 16y ago
Ok, I'm not a huge math wiz and after reading this article 2x, I'm still at a loss as to what the answer is. So after we have the nice breakdown in the form of a mathematical proof, we should keep switching envelopes forever? I'm the kind of guy that isn't as interested as to the joy of solving the problem. I just want the money!
If I were to break this down into layman's terms, would it be appropriate to say the following?
"There's equal odds whether you keep the envelope or exchange it for the other one. There's no difference either way, so flip a coin and decide."