Alpha Geek

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Category > Statistics Posted 21 Jun 2017 My Price 3.00

Suppose you bet a dollar on red, 25 times in a row, at roulette

Suppose you bet a dollar on red, 25 times in a row, at roulette. Each time you win a dollar with probability 18/38, lose with probability 20/38. Find approximately the chance that after 25 bets you have at least as much money as you started with.

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Alpha Geek
(8)
Status NEW Posted 21 Jun 2017 04:06 AM My Price 3.00

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file 1498021444-Answer.docx preview (69 words )
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