← All problems

326.Roll-or-Take on a d20

★★★
optimal stoppingCh. 6 — Random Variables and Expectation444+ Problems in Probability
You have a fair 20-sided die and 100 actions. Each action is either a roll (re-roll the current face) or a take (cash out the current face in dollars) — and you must roll again before each take. You fix a threshold nn in advance and take whenever the face is at least nn. With the optimal threshold, what is your expected payout, rounded to the nearest whole dollar?

Sign in to submit an answer and track it toward your stats.

Sign in

Want timed drills, mental math, and a market-making game too? Try the full practice suite →