If you bet on green on every spin of the wheel, you will lose more than 90% of the time in the long run. Explain why this is so. Round your answer to two decimal places.
If you bet on green on every spin of the wheel, you will lose more than 90% of the time in the long run. Explain why this is so. Round your answer to two decimal places.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question
If you bet on green on every spin of the wheel, you will lose more than 90% of the time in the long run. Explain why this
is so. Round your answer to two decimal places.
Transcribed Image Text:Roulette: A Nevada roulette wheel has 38 pockets. Eighteen of them are red, eighteen are black, and two are green. Each time
the wheel is spun, a ball lands in one of the pockets, and each pocket is equally likely.
Part 1 of 2
lailitu thnt tho ball Iands in a green pocket? Round vour answer to four decimal places
Transcribed Image Text:(b) If you bet on green on every spin of the wheel, you will lose more than 90% of the time in the long run. Explain why this
is so. Round your answer to two decimal places.
You will lose more than 90% of the time in the long run if you always bet on green because
(Choose one)
says that in the long run, the percentage of the time you
the law of long runs
the law of large numbers
the law of diminishing returns
the law of unusal events
(b) If you bet on green on every spin of the wheel, you will lose more than 90% of the time in the long run. Explain why this
Is so. Round your answer to two decimal places.
You will lose more than 90% of the time in the long run if you always bet on green because
(Choose one)
says that in the long run, the percentage of the time you
lose will approach
96.
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