5.1. The probability of the thrower winning in the dice game called craps is p = 0.4929....

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5.1. The probability of the thrower winning in the dice game called

"craps" is p = 0.4929. Suppose Player A is the thrower and begins the game with $5, and Player B, his opponent, begins with $10. What is the probability that Player A goes bankrupt before Player B? Assume that the bet is $1 per round.

Hint: Use equation (5.13).

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An Introduction To Stochastic Modeling

ISBN: 9780126848878

3rd Edition

Authors: Samuel Karlin, Howard M. Taylor

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Question Posted: Oct 31, 2024 03:00 AM

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5.1. The probability of the thrower winning in the dice game called craps is p = 0.4929....

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An Introduction To Stochastic Modeling

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