Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 03 Oct 2017 My Price 3.00

certain game

5.   Suppose that on each play of a certain game, a person is equally likely to win one dollar or lose one dollar. Suppose also that the person’s goal is to win two dollars by playing this game. How large an initial fortune must the person have in order for the probability to be at least 0.99 that she will achieve her goal before she loses her initial fortune?

 

Answers

(5)
Status NEW Posted 03 Oct 2017 11:10 PM My Price 3.00

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