exercise:814da23c3c: Difference between revisions

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(Created page with "<div class="d-none"><math> \newcommand{\NA}{{\rm NA}} \newcommand{\mat}[1]{{\bf#1}} \newcommand{\exref}[1]{\ref{##1}} \newcommand{\secstoprocess}{\all} \newcommand{\NA}{{\rm NA}} \newcommand{\mathds}{\mathbb}</math></div> With the situation in Exercise Exercise, consider the strategy such that for <math>i < 4</math>, Smith bets <math>\min(i,4 - i)</math>, and for <math>i \geq 4</math>, he bets according to the bold strategy, where <math...")
 
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\newcommand{\mathds}{\mathbb}</math></div> With the situation in Exercise [[exercise:F626b53b6b |Exercise]],
\newcommand{\mathds}{\mathbb}</math></div> With the situation in [[exercise:F626b53b6b |Exercise]],consider the strategy such that for <math>i  <  4</math>, Smith bets <math>\min(i,4 - i)</math>, and for <math>i \geq 4</math>, he bets according to the bold strategy, where <math>i</math> is his current fortune.  Find the probability that he gets out of jail using this strategy.  How does this probability compare with that obtained for the bold strategy?
consider  
the strategy such that for <math>i  <  4</math>, Smith bets <math>\min(i,4 - i)</math>, and for <math>i \geq
4</math>,  
he bets according to the bold strategy, where <math>i</math> is his current fortune.  Find
the
probability that he gets out of jail using this strategy.  How does this
probability compare with that obtained for the bold strategy?

Latest revision as of 22:27, 15 June 2024

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With the situation in Exercise,consider the strategy such that for [math]i \lt 4[/math], Smith bets [math]\min(i,4 - i)[/math], and for [math]i \geq 4[/math], he bets according to the bold strategy, where [math]i[/math] is his current fortune. Find the probability that he gets out of jail using this strategy. How does this probability compare with that obtained for the bold strategy?