A poker player has either good luck or bad luck each time she plays poker. She notices that if she has good luck one time, then she hasgood luck the next time with probability 0.4 and if she has bad luck one time, then she has good luck the next time with probability 0.3.What fraction of the time in the long run does the poker player have good luck?

According to the given information poker has either good luck or bad luck.If he has good luck one…

Answered: A poker player has either good luck or…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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if you have a problem where a percentage of male customers and and female customers purchase goods in a store. males comprise 60% of your customers and females 40% of customers. when a female enters the store, they make a puchace 35% of the time, but when a male enters he makes a purchase only 25% of the time. How would you determine the probability of an individual purchasing an item.
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You are running a race, where you will run from one end of a 100 meters long field to another. In between, there are two hurdles you need to jump. One hurdle is 20 meters from the starting end, and the other hurdle is 50 meters from the starting end. You can jump the first hurdle on any given try with probability 0.8. You can jump the second hurdle on any given try with probability 0.6. It takes you 1 second per meter of running. So if you succeeded in jumping both hurdles you would make it in 100 seconds. Any time you don’t successfully jump a hurdle you start over. What is the expected time it takes you to finish the race? (Hint: Condition on what happens in your first attempt at running the race)

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