The Quant 7511 / 75
MediumProbabilityAcceptance 41%
Expected Max of Two Dice
OptiverIMC Trading
Two fair six-sided dice are rolled. What is the expected value of the larger of the two (ties count as that value)?
Approach
Find P(max = k) by counting pairs whose larger value is k.
Answer
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The answer is 4.472. Sign in free for the full worked solution and to check your own answer.
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