In the casino game roulette, the probability of winning with a bet on red is p = 18/38

Chapter 5, Problem 5.7-10

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QUESTION:

In the casino game roulette, the probability of winning with a bet on red is p = 18/38. Let Y equal the number of winning bets out of 1000 independent bets that are placed. Find P(Y > 500), approximately

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QUESTION:

In the casino game roulette, the probability of winning with a bet on red is p = 18/38. Let Y equal the number of winning bets out of 1000 independent bets that are placed. Find P(Y > 500), approximately

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