2. (4 points) Suppose a gambler enters a game of gambling under the gambler's ruin with...
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2. (4 points) Suppose a gambler enters a game of gambling under the gambler's ruin with an initial capital of R100 and wants to reach a wealth of R200. The probability of winning each round is 0.48. In each round of a gambling game, a player either wins R1, with a probability (0.48) or loses R1, with a probability (0.52). Using this framework, simulate a gambler's ruin problem using R. 2. (4 points) Suppose a gambler enters a game of gambling under the gambler's ruin with an initial capital of R100 and wants to reach a wealth of R200. The probability of winning each round is 0.48. In each round of a gambling game, a player either wins R1, with a probability (0.48) or loses R1, with a probability (0.52). Using this framework, simulate a gambler's ruin problem using R.
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