Revision as of 03:20, 9 June 2024 by Bot (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> (From Kemeny<ref group="Notes" >Private communication.</ref>) Show that, if you make 100 bets on the number 17 at roulette at Monte Carlo (see Example), you will have a probability greater than 1/2 of coming out ahea...")
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Jun 09'24

Exercise

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(From Kemeny[Notes 1]) Show that, if you make

100 bets on the number 17 at roulette at Monte Carlo (see Example), you will have a probability greater than 1/2 of coming out ahead. What is your expected winning?

Notes

  1. Private communication.