You are handed two envelopes. and you know that each contains a positive integer dollar amount and that the two amounts are different. The values of these two amounts are modeled as constants that are unknown. Without knowing what the amounts are, you select at random one of the two envelopes, and after looking at the amount inside, you may switch envelopes if you wish. A friend claims that the following strategy will increase above 1 /2 your probability of ending up with the envelope with the larger amount: toss a coin repeatedly. let X be equal to 1 /2 plus the number of tosses required to obtain heads for the first time, and switch if the amount in the envelope you selected is less than the value of X. Is your friend correct?