The St. Petersburg paradox goes as follows. A fair coin is tossed repeatedly until it comes up heads. If the first heads appears on the nth toss, you win $2 n . First, show that the expected monetary value of this game is infinite (the paradox is that no one would actually pay a huge amount to play this game). Second, consider a possible resolution of the paradox: suppose your utility for money is given by a log 2 x b where x is the number of dollars you have. Suppose you start with 0 dollars, what is the expected utility of this game

a) attached below

b) 2a + b

Step-by-step explanation:

a) show that the expected monetary value of this game is infinite

Given that the probability of getting first head on nth toss = $2^n

attached below is the prove

b) what is the expected utility of this game

using the Logarithm ;

x = number of dollars you have

attached below is a detailed solution to the given problem

konichiwa~! my name is zalgo and i am here to answer your anime-related question today. more than likely, kirishima would kill izuku, marry mino and kiss momo. all of this would be my opinion by the way. (and i am also a weeb lol)

i hope this you! : d

stay and stay proud! " - zalgo

(and do you think you can mark me as brainliest? i'd greatly appreciate it! arigato~! )

7

step-by-step explanation:

i'm assuming you need to figure out how many campers go into each tent.

i got the answer by:

24+4=28

28/4=7