There are five identical closed boxes One box contains 10000
There are five identical closed boxes. One box contains $10,000, two boxes contain $1000 each, one box contains $1, and the last box contains a miniature stop sign. A contestant is allowed to repeat this process until the box with the stop sign is opened; at this point, the game ends. Find the mean amount the contestant gets
How would you solve this using auxiliary variables?
Solution
1*10,000 + 2*1000 + 1*1 = 120001 / 5
mean amount = 2400.2
