Question

you can choose one of three boxes. box a has four $5 bills and a single $100 bill, box b has 400 $5 bills and 100 $100 bills, and box c has 24 $1 bills. you can have all of box c or blindly pick one bill out of either box a or box b. which offers the greatest expected winning?

Answer 1

Box B offers the greatest expected winning, as it has the highest chance of yielding the most money.