Mathematics, 12.12.2019 04:31 partykidjeremsih
You now have $5000. you will toss a fair coin four times. before each toss you can bet any amount of your money (including none) on the outcome of the toss. if heads comes up, you win the amount you bet. if tails comes up, you lose the amount you bet. your goal is to reach $15,000. it turns out that you can maximize your chance of reaching $15,000 by betting either the money you have on hand or $15,000 minus the money you have on hand, whichever is smaller. use simulation to estimate the probability that you will reach your goal with this betting strategy.
Answers: 1
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On the day a coffee shop first opened, it had 140 customers. 65% of the customers ordered a large coffee. how many customers ordered a large coffee? enter your answer in the box.
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You now have $5000. you will toss a fair coin four times. before each toss you can bet any amount of...
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