Posts Tagged win-and

What is the Rational Decison?

Written on March 20, 2010 by admin

Filed Under: blackhat, seo

Imagine you asked to take a bet. The bet is for your entire net worth. If you win, you double your net worth. If you lose, it goes to zero.

Here’s the kicker: You have a 90% chance to win and only a 10% chance to lose.

Do you take the bet? (answer with how many digits in your net worth).

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What is the Rational Decison?