subject
Mathematics, 28.02.2021 16:10 trinityine

You play the following simple game of chance. A fair coin is flipped. If it comes up heads, you win a dollar. If it comes up tails, you lose a dollar. Suppose you start with N dollars in your pocket. You play repeatedly until you either reach M dollars or lose all your money, whichever comes first. M and N are fixed positive integers such that 0 < N < M. a. Show that with probability one the game ends, in other words, that the amount of money in your pocket will eventually hit 0 or M.
b. What is the probability that the game ends with M dollars in your pocket?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 17:00
Need solving this second acceleration problem.
Answers: 1
question
Mathematics, 21.06.2019 18:30
Which of the following is the true for f(x) = 5cos
Answers: 2
question
Mathematics, 21.06.2019 20:30
At the "no mutants allowed" country farm, every sheep has 4 legs, every chicken has two legs, and all animals have only 1 head. asked to count how many sheep and chicken are in the fields, a farm boy reports back that there are 140 feet and 50 heads. how many sheep and chicken are there? there are sheep and chicken at the farm.
Answers: 1
question
Mathematics, 21.06.2019 21:30
Hannah paid $3.20 for 16 ounces of potato chips. hank paid $3.23 for 17 ounces of potato chips. who paid less per ounces?
Answers: 1
You know the right answer?
You play the following simple game of chance. A fair coin is flipped. If it comes up heads, you win...
Questions
question
Mathematics, 27.10.2020 17:40
question
History, 27.10.2020 17:50
question
Biology, 27.10.2020 17:50
question
Computers and Technology, 27.10.2020 17:50
Questions on the website: 13722363