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Two gamblers bet $1 each on the successive tosses of a
Chapter 2, Problem 179SE(choose chapter or problem)
Problem 179SE
Two gamblers bet $1 each on the successive tosses of a coin. Each has a bank of $6. What is the probability that
a they break even after six tosses of the coin?
b one player—say, Jones—wins all the money on the tenth toss of the coin?
Questions & Answers
QUESTION:
Problem 179SE
Two gamblers bet $1 each on the successive tosses of a coin. Each has a bank of $6. What is the probability that
a they break even after six tosses of the coin?
b one player—say, Jones—wins all the money on the tenth toss of the coin?
ANSWER:
Solution:
Step 1 of 3:
Given that 2 gamblers bet $1 each on the successive tosses of a coin.
Each has a bank of
We have to find the probability that
(a) They break even after six tosses of the coin.
(b) One player(Jones)wins all the money on the tenth toss of the coin.