Question: 7.48. Consider weather forecasting with two alternatives: rain or no rain in the next 24 hours. Suppose that p = Prob(rain in next 24 hours)

7.48. Consider weather forecasting with two alternatives: "rain" or "no rain" in the next 24 hours. Suppose that p = Prob(rain in next 24 hours) > 1/2. The forecaster scores 1 point if he is correct and 0 points if not. In making n forecasts, a forecaster with no ability whatsoever chooses at random days (0 <

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