J, will you please clarify how probability of 3rd person winning is 99/100 * 2/100.
3rd person gets two chances to guess the number, 2 numbers what 1st and 2nd person being said, but why are you multiplying it with 99/100? What is the significance of it?
Consequently I am not able understand the concept of K also. 😦
For 3rd to win, 2nd should lose (= 99/100, since 2nd guy’s winning probability is 1/100) followed by 3rd winning (2/100 since now there are 2 numbers available, those of the first and second guys). Brush up Probability (particularly conditional probability and Bayes Theorem) and then revisit this.
J, will you please clarify how probability of 3rd person winning is 99/100 * 2/100.
3rd person gets two chances to guess the number, 2 numbers what 1st and 2nd person being said, but why are you multiplying it with 99/100? What is the significance of it?
Consequently I am not able understand the concept of K also. 😦
For 3rd to win, 2nd should lose (= 99/100, since 2nd guy’s winning probability is 1/100) followed by 3rd winning (2/100 since now there are 2 numbers available, those of the first and second guys). Brush up Probability (particularly conditional probability and Bayes Theorem) and then revisit this.
regards
J