John and Mike play a game consisting in tossing a coin. If the coin comes up heads

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John and Mike play a game consisting in tossing a coin. If the coin comes up heads John pays to Mike $1. Otherwise, it is Mike who pays $1. Let Sn is Mike’s gain (which may be negative) after n tosses. Using (3.2.3), write a bound for P(Sn > x) and x > 0.image

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