Problem. Two players A and B, having initial amounts of money a and (t-a) dollars, respectively, play a game in which the probability that A wins a round is p and the probability that B wins is q=1-p. Each time A wins, he gets one dollar from B, otherwise he gives B one dollar. What is the probability that A will eventually get all of B's money?
Problem. Two players A and B, having initial amounts of money a and (t-a) dollars, respectively, play a game in which the probability that A wins a round is p and the probability that B wins is q=1-p. Each time A wins, he gets one dollar from B, otherwise he gives B one dollar. What is the probability that A will eventually get all of B's money?
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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