Recent content by ImpliedVolatility

Hi, I have applied to SUNY Buffalo's MS Finance program - Financial Management track. I am currently pursuing my MS Operations Research at SUNY Buffalo. How would you rate the Financial Management track? Do they allow us to take courses from the Financial Engineering track? I am strongly...

Yes, you are right it does not make a difference. The way the question has been setup it is obvious, regardless of the outcome the man will call a 6. So the probability in question here is the probability of the die hitting a 6 which is 1/6. I was just showing how to arrive at the answer. But...

P(rolling a number on any toss) = 1/6 P(telling truth) = 1/4 P(lie) = 1- (1/4) = 3/4 Answer in my opinion is: P(rolls 6|he says the truth) + P(doesn't roll 6|he lies) = (1/6)*(1/4) + (1/6)*(3/4)