seanieg89
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One hundred mathematicians are in a line facing the same direction, each of them wearing a hat that is coloured either red or blue. Each mathematician can only see the colour of the hats of the mathematicians in front of him.
Starting from the back of the line, each mathematician announces a colour.
For each mathematician that names the colour of his own hat, every mathematician receives $1.
What is the best possible strategy for the mathematicians in order to maximise their winnings? What if there are k > 2 hat colours?
Note: A perfect solution has three parts:
1. The statement of an optimal strategy.
2. A proof that it is optimal.
3. A calculation of the expected winnings using this strategy.
If you cannot complete all three parts, feel free to propose the best strategy you can think of and calculate it's expected winnings.
Eg/ the most basic strategy is every mathematician saying "red", which will win $50 on average, but this is certainly not optimal.
Starting from the back of the line, each mathematician announces a colour.
For each mathematician that names the colour of his own hat, every mathematician receives $1.
What is the best possible strategy for the mathematicians in order to maximise their winnings? What if there are k > 2 hat colours?
Note: A perfect solution has three parts:
1. The statement of an optimal strategy.
2. A proof that it is optimal.
3. A calculation of the expected winnings using this strategy.
If you cannot complete all three parts, feel free to propose the best strategy you can think of and calculate it's expected winnings.
Eg/ the most basic strategy is every mathematician saying "red", which will win $50 on average, but this is certainly not optimal.