Tareq and Jamillah are playing with a single die for money. According to the rules of their

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Tareq and Jamillah are playing with a single die for money. According to the rules of their game, Tareq pays Jamillah $0.50 at the start of every round, before they throw a die. They then throw the die; if it falls on an even number, Jamillah pays that amount in dollars to Tareq, and if it falls on an odd number, Tareq pays that amount to Jamillah.

• Simulate Jamillah’s cumulative winnings after 25 rounds of the game.

• Simulate 50 games, and graph the results

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Financial Modeling

ISBN: 9780262027281

4th Edition

Authors: Simon Benninga

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