0. Let N be a fixed large integer. Consider n independent trials, each of which is a success with probability 1/N. Recall that the gambler's rule (see Example 1.6.3) says that if n z N, the chance of at least one success in n trials is about 1/2. Show that if N, then the chance of at least two successes is about 1/2.
0. Let N be a fixed large integer. Consider n independent trials, each of which is a success with probability 1/N. Recall that the gambler's rule (see Example 1.6.3) says that if n z N, the chance of at least one success in n trials is about 1/2. Show that if N, then the chance of at least two successes is about 1/2.
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Transcribed Image Text:10. Let N be a fixed large integer. Consider n independent trials, each of which is a success
with probability 1/N. Recall that the gambler's rule (see Example 1.6.3) says that if
n 2 N, the chance of at least one success in n trials is about 1/2. Show that if
N, then the chance of at least two successes is about 1/2.
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