Re: \"Let\'s make a deal\" problem
Sorry, buddy. I searched all the forums and saw no previous posts about this topic. So you are saying that everyone with a basic knowledge of probability knows the solution immediately and their eyes roll back into their heads when they hear it mentioned because it is so basic. That is really why I wanted to post, to get a feel for how well known the paradox is.
It seems as though one could design a money making scheme around this principle, but it would be fruitless if everyone knows the solution.
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