1.Suppose that you randomly pick a large number of tickets from a box with tickets numbered from 1 to 10 with replacement. The law of average says that the percentage of the number of tickets that you pick that is 5 or higher is %.
1.Suppose that you randomly pick a large number of tickets from a box with tickets numbered from 1 to 10 with replacement. The law of average says that the percentage of the number of tickets that you pick that is 5 or higher is %.
2.
A Nevada roulette wheel has 38 pockets. One is numbered 0, another is numbered 00, and the rest are numbered from 1 through 36.Except for 0 and 00, which are colored green, the numbers on the roulette wheel alternate red and black. One bet is red or black. If you bet a dollar on red, say, and a red number comes up, you get the dollar back together with another dollar in winnings. If a black or green number comes up, you lose your dollar.
The box model for this problem is as follows: The box contains tickets numbered +$ and tickets numbered -$.
Suppose you play roulette 20 times, betting a dollar on red each time. Your net gain is like the sum of____
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