Roll $1$ die and square or roll $2$ dice and multiply; which has higher mean? I am wondering if there is a fast way to tell which expected value is higher: "Roll 1 die and take the square of the number that comes up or roll 2 dice and multiply them". Thank you!
 A: Let $\xi$ and $\eta$ be values of the two die rolls. The expected value of squaring the the first roll is $\operatorname{E}(\xi^2)$, and the expected value of multiplying the two values is $\operatorname{E}(\xi\eta)$. Since we can assume the two die rolls are iid, we have $$\operatorname{E}(\xi\eta)=\operatorname{E}(\xi)\operatorname{E}(\eta)=\operatorname{E}(\xi)^2$$
Since the difference between these two expected values is equal to the variance,
$$\operatorname{Var}(\xi)=\operatorname{E}(\xi^2)-\operatorname{E}(\xi)^2$$
it must be nonnegative. Therefore, we have
$$\operatorname{E}(\xi^2)\ge\operatorname{E}(\xi)^2$$
so the expected value of squaring the result of one die roll is higher.
A: Not sure whether you consider this faster.  The first probability is
$$\frac{1}{n}\sum_{k=1}^n k^2 = \frac{1}{n}\cdot\frac{n(n+1)(2n+1)}{6}=\frac{(n+1)(2n+1)}{6}.$$
The second probability is
$$\left(\frac{1}{n}\sum_{k=1}^n k\right)^2 = \left(\frac{1}{n}\cdot\frac{n(n+1)}{2}\right)^2 = \frac{(n+1)^2}{4}.$$
The first one is larger when $(2n+1)/6 > (n+1)/4$, that is when $n > 1$.
