Negative Binomial - Properties Example: Roulette has 38 slots that the ball can fall into. 18 are black, 18 are red, and 2 are green. Suppose you sit down at the table and bet on red until you've won 3 times. Whenever your bet wins, you win the amount that you wagered. Assuming you bet the
Negative Binomial - Properties Example: Roulette has 38 slots that the ball can fall into. 18 are black, 18 are red, and 2 are green. Suppose you sit down at the table and bet on red until you've won 3 times. Whenever your bet wins, you win the amount that you wagered. Assuming you bet the
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 7ECP: You draw one card at random from a standard deck of 52 playing cards. What is the probability that...
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Negative Binomial - Properties
Example: Roulette has 38 slots that the ball can fall into. 18 are
black, 18 are red, and 2 are green. Suppose you sit down at the table
and bet on red until you've won 3 times. Whenever your bet wins,
you win the amount that you wagered. Assuming you bet the same
amount each time, what is the probability that you will lose money in
this experiment?
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