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)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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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.
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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