probability using Matlab.

I am having some difficulty arriving at the correct solution to this problemI am not confident in my approach and answer when solving this problem and I would like to kindly compare and learn how to properly solve this problem.

In specifics, I am not certain which necessary variables to consider when computing my calculations, I might be overlooking an error or might be overcomplicating for myself.

In-depth Steps with explanations are greatly appreciated, as it would help me with learning and finding my error!Thank you very much for your expert help!

Please explain your work and, if necessary, show code.Problem 2. Use the Central Limit Theorem to estimate the probability of winning more than $100 in game with a fair coin over 1000 rounds (betting $1 per round). Assume that you can bOI'I'OW if you go negative. Same question if the coin is (1) biased in your favor 055/045), [2) against you (045/055)