Okay, VoI aside, how would you bet in the following setup:
There are three 5 copecks coins, randomly chosen. Each one is dropped 20 times (A0, B0, C0). Then a piece of gum is attached to the heads of Coin A (AGH) & it is dropped 20 times; to the tails of Coin A (AGT); to the heads (BGH) or tails (BGT) of Coin B, & to the tails of Coin C (CGT).
Coin C is dropped three times, and the gum attached to the side which appeared two of them. Then, Coin C is dropped twenty times (CGX). The numbers are as follows:
A0: heads 14⁄20, AGT heads 10⁄20, AGH heads 7⁄20.
B0: heads 8⁄20, BGT heads 8⁄20, BGH heads 8⁄20 (I guess I need to hoard this one.)
C0: heads 10⁄20, CGT heads 11⁄20, CGX heads 14⁄20.
To what side of Coin C was gum applied in CGX?
Okay, VoI aside, how would you bet in the following setup:
There are three 5 copecks coins, randomly chosen. Each one is dropped 20 times (A0, B0, C0). Then a piece of gum is attached to the heads of Coin A (AGH) & it is dropped 20 times; to the tails of Coin A (AGT); to the heads (BGH) or tails (BGT) of Coin B, & to the tails of Coin C (CGT). Coin C is dropped three times, and the gum attached to the side which appeared two of them. Then, Coin C is dropped twenty times (CGX). The numbers are as follows: A0: heads 14⁄20, AGT heads 10⁄20, AGH heads 7⁄20. B0: heads 8⁄20, BGT heads 8⁄20, BGH heads 8⁄20 (I guess I need to hoard this one.) C0: heads 10⁄20, CGT heads 11⁄20, CGX heads 14⁄20. To what side of Coin C was gum applied in CGX?