Quant Interview Question
You are playing a game, in which you roll a fair, 6-sided die. If you roll , you get dollars. How much would you pay for this game? Pretend that you can reroll if you’re not satisfied with the first roll, but that you must accept the result of the second roll. Now how much would you pay for this game? What if you can reroll up to two times? How much would you pay?
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