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- 1/3/13
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One of hedge funds question:
There are two sets of cards ranging from 1 to 10. (20 cards total - Red cards 1 t0 10 and Blue cards 1 to 10)
Each of two players will have a pair of these cards (distributed randomly by a dealer)
Winning is determined on following conditions in order ( 1st condition vs 2nd condition -> 1st condition wins):
1) two consecutive numbers: e.g. 10-1, 9-10, 9-8 ... (10-1 being the best)
2) same pair: e.g. 9-9, 8-8, ...
3) higher number: e.g. (9-1 > 8-4) or (10-2 > 5-9)
4) when highest numbers are equal, then compare the other pair: e.g. (9-4 < 9-7)
Questions:
A. Probability of winning when I have 'Red 9'
B. Probability of winning when I receive 3 cards from the dealer, while the other player receives only two cards
(I will have to make the best pair out of three cards)
There are two sets of cards ranging from 1 to 10. (20 cards total - Red cards 1 t0 10 and Blue cards 1 to 10)
Each of two players will have a pair of these cards (distributed randomly by a dealer)
Winning is determined on following conditions in order ( 1st condition vs 2nd condition -> 1st condition wins):
1) two consecutive numbers: e.g. 10-1, 9-10, 9-8 ... (10-1 being the best)
2) same pair: e.g. 9-9, 8-8, ...
3) higher number: e.g. (9-1 > 8-4) or (10-2 > 5-9)
4) when highest numbers are equal, then compare the other pair: e.g. (9-4 < 9-7)
Questions:
A. Probability of winning when I have 'Red 9'
B. Probability of winning when I receive 3 cards from the dealer, while the other player receives only two cards
(I will have to make the best pair out of three cards)