Question: Please solve the problem by using java. Thank you very much. Gambler's Ruin Version One The gambler's ruin problem is a 1-dimensional variation on the

Please solve the problem by using java. Thank you very much.

Please solve the problem by using java. Thank you very much. Gambler'sRuin Version One The gambler's ruin problem is a 1-dimensional variation on

Gambler's Ruin Version One The gambler's ruin problem is a 1-dimensional variation on the Random Walk problem we considered in class. Suppose a gambler starts with $10 and makes $1 bets with a 50/50 chance of winning. Write a program that runs a simulation of this game and prints out the number of bets the gambler makes before they run out of money Gambler's Ruin Version Two Run your simulation from problem one 1oo times (using another loop), and compute the average number of bets the gambler makes before they end up with no money. t is likely the average will still jump around a bit from run to run. With a 50/50 chance of winning the gambler may end up occasionally making a very large number of bets before running out of money

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