100% authentic discussion post

Discrete Probability Distribution ???

    Imagine you are in a game show, where

    Now, let us start the money give-away!  There are 4 prizes hidden on a game board with 16 spaces.  One prize is worth $4000, another is worth $1500, and two are worth $1000.

    But, wait!!!  You are also told that, in the rest of the spaces, there will be a bill of $50 that you have to pay to the host as a penalty for not making the "wise" choice.

    OK, you are lucky that you only have to pay $50 for making a bad choice.  Imagine that you failed to answer the question asked by

 in the Monty Python and the Holy Grail!

    But, of course, it is a much kinder and gentler world now than the time of King Arthur and his knights.

    In this modern game show, you are actually given a choice, a real choice.

    Choice #1:  You are offered a sure prize of $400 cash, and you just take the money and walk away.  Period.  No question asked.....

    Choice #2:  Take your chance and play the game.......

 

    What would be your choice?  Take the money and run, or play the game?   Why???    Hmmmm.......

    You have to make a decision...... quick ......

    By the way, I am not that devil above.  He is just a friend, a drinking pal, from hell.