Question: An experiment can result in any of the outcomes 1,2, or 3. (a) If there are two different wagers, with r1(1) =4, r1(2) =8, r1(3)

An experiment can result in any of the outcomes 1,2, or 3.

(a) If there are two different wagers, with

r1(1) =4, r1(2) =8, r1(3) =10

r2(1) =6, r2(2) =12, r2(3) =16

is an arbitrage possible?

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