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Preamble In North America, a roulette wheel has 38 numbered slots - 2 green, 18 red and 18 black. The first two lines of your
Preamble In North America, a roulette wheel has 38 numbered slots - 2 green, 18 red and 18 black. The first two lines of your script will create a vector x that simulates 500 consecutive spins of the wheel. Interpret the output as follows. If x(i) is equal to 1 or 2, then spin i produced a green number. If x(i) is between 3 and 20 (inclusive), then spin i produced a red number. If x(i) is between 21 and 38 (inclusive), then spin i produced a black number. Now suppose that, on each and every spin, I bet $1 on red. This means that: If spin i produces a red number, I receive my original bet of $1 plus another $1, for a net win of $1. If spin i produces a black number, I lose my original bet of $1, for a net loss of $1. In what follows we are going to examine my profitability. Exercises Complete each of the following tasks. Create a logical vector v that indicates whether or not I won or lost on each round. That is v(i) should equal logical 1 if I won bet number i and should equal logical 0
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