Question: Eric does not follow the delta property. He has just paid $215.00 for a certificate that allows him to call the flip of an unfair
Eric does not follow the delta property. He has just paid $215.00 for a certificate that allows him to call the flip of an unfair coin. If he calls it correctly he will win $500. If he calls it incorrectly he will win $0. His PISB for the certificate is $315.
The Clairvoyant offers to tell Eric the outcome of the impending coin toss. What is Eric's PIBP for the clairvoyants information?
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