Use a graphing calculator or statistical software to simulate the playing of the game of roulette, using
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Use a graphing calculator or statistical software to simulate the playing of the game of roulette, using an integer distribution with numbers 1 through 38. Repeat the simulation 100 times. Let the number 37 represent 0 and the number 38 represent 00. Use the results of the simulation to answer the following questions.
(a) What is the probability that the ball lands in the slot marked 7?
(b) What is the probability that the ball lands either in the slot marked 0 or in the one marked 00?
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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