Expected Value
Coin Stopping Times
Medium
Two in a Row
Paul repeatedly flips a fair coin until he obtains two consecutive equal outcomes, either or . What is the expected number of flips?
Quant interview-style problem · QS-E001
Question 5 of 48
Paul repeatedly flips a fair coin until he obtains two consecutive equal outcomes, either or . What is the expected number of flips?
Think first. Use hints deliberately. Study the reasoning only when you need it.