3166概率中等derivationmedium
Signal Before a Binary Trade
题目
A trade pays +8 in a favorable state and -5 in an unfavorable state. The favorable state has prior probability . Before trading, you may buy a signal for cost ; it is correct with probability . If you see the signal, you may either trade or abstain after observing it. What is the value of the signal, and should you buy it at that cost?
解题计时
0:00
提交作答时记录,用于后续平均用时统计。
你的答案
signal value
should buy signal