Multi-Armed Bandit Problem Simulator 3000
You are presented with 5 slot machines that offer varying probabilities of reward. Which one do you choose? 5-Slot Machine
Slot Machine 1: 1 in 10 Chance of Winning 1000$
| Probability: 1/10 |
Payoff: $1000 |
Slot Machine 2: 1 in 5 Chance of Winning 500$
| Probability: 1/5 |
Payoff: $500 |
Slot Machine 3: 1 in 20 Chance of Winning 2000$
| Probability: 1/20 |
Payoff: $2000 |
Slot Machine 4: 1 in 8 Chance of Winning 800$
| Probability: 1/8 |
Payoff: $800 |
Slot Machine 5: 1 in 4 Chance of Winning 400$
| Probability: 1/4 |
Payoff: $400 |
Which one do you choose? Choose Now