Question 114
Yannick picks a number $N$ randomly from the set of positive integers such that the probability that $n$ is selected is $2^{-n}$ for each positive integer $n$. He then puts $N$ identical slips of paper numbered 1 through $N$ into a hat and gives the hat to Annie. Annie does not know the value of $N$, but she draws one of the slips uniformly at random and discovers that it is the number 2. What is the expected value of $N$ given Annie's information?
Proposed by: Yuan Yao
Proposed by: Yuan Yao