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| Teaching Since: | May 2017 |
| Last Sign in: | 407 Weeks Ago, 6 Days Ago |
| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
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5. An individual uses the following gambling system at Las Vegas. He bets $1 that the roulette wheel will come up red. If he wins, he quits. If he loses then he makes the same bet a second time only this time he bets $2; and then regardless of the outcome, quits. Assuming that he has a probability of 1 of winning each bet,  what
is the probability that he goes home a winner? Why is this system not used by everyone?
Â
Â
Â
6.      If P(E) = 0.9 and P(F) = 0.8, show that P(EF) ?: 0.7. In general, show that
Â
P(EF) ?: P(E) + P(F) − 1
Â
This is known as Bonferroni’s  inequality.
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