Question: In his letter of August 24, 1654, Pascal was trying to show how a pot of money should be allocated when a gambling game must
In his letter of August 24, 1654, Pascal was trying to show how a pot of money should be allocated when a gambling game must end prematurely. Imagine a game where each turn consists of the roll of a die, player E gets a point when the die is even, and player O gets a point when the die is odd. The first player to get 7 points wins the pot. Suppose the game is interrupted with E leading 4–2. How should the money be fairly split in this case? What is the general formula? (Fermat and Pascal made several errors before solving the problem, but you should be able to get it right the first time.)
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Let e and o be the initial scores mbe the score required to win and p be the probability that E wins ... View full answer
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