Question: A roulette wheel has 38 slots, numbered 0, 00, and 1 through 36. If you bet 1 on a specified number, you either win 35
A roulette wheel has 38 slots, numbered 0, 00, and 1 through 36. If you bet 1 on a specified number, you either win 35 if the roulette ball lands on that number or lose 1 if it does not. If you continually make such bets, approximate the probability that:
(a) you are winning after 34 bets;
(b) you are winning after 1,000 bets;
(c) you are winning after 100,000 bets.
Assume that each roll of the roulette ball is equally likely to land on any of the 38 numbers.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
