Questions / Quant trading, Expected value & odds

Sum through a stopping roll

Challenge, about 10 minutes. Question T072.

Roll a fair six-sided die until the first 6. Sum all face values, including the final 6. What is the expected sum?

Answer it in the app It's free. You get hints, a second try if you miss, and a follow-up question.

Show the answer and worked solution

Answer: 21 points

  1. Let E be the expected remaining sum. E = 3.5 + (5/6)E, because a non-6 restarts the remaining problem, so E = 21.

Interview shortcut. Wald: 6 rolls on average × 3.5 per roll.

In the app this has a follow-up where one thing about the setup changes. Try the follow-up.

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