Mathematics
Mathematics, 02.02.2021 04:00, silverns

You place a 1-dollar bet on the number 17 at Las Vegas, and your friend places a 1-dollar bet on black (see Exercises 1.1.6 and 1.1.7). Let X be your winnings and Y be her winnings. Compare E(X), E(Y ), and V(X), V(Y). What do these computations tell you about the nature of your winnings if you and your friend make a sequence of bets, with you betting each time on a number and your friend betting on a color

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You place a 1-dollar bet on the number 17 at Las Vegas, and your friend places a 1-dollar bet on bla...

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