Hard Prob/Stat Question! Please help!?
Posted by admin in Uncategorized on 05 21st, 2010 |
1 Comment
A roulette wheel has 38 slots, numbered 0, 00, and 1 through 36. If you bet 1 on a specied
number, you either win 35 if the roulette ball lands on that number or lose 1 if it does not.
If you continually make such bets, approximate the probability that
(a) you are winning after 34 bets;
(b) you are winning...