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Suppose that in a casino game the payout is a random variable X. If X is positive, you gain money, if negative, you lose.

 

Suppose that in a casino game the payout is a random variable X. If X is positive, you gain money, if negative, you lose. Let p(i) = P(X = i) and suppose that p(0) p(1) = p(-1) = 39 ; p(2) = p(-2) 220 Given that a player playing the game wins a positive amount, compute the conditional probability that... X = 1: ... X = 2: ... X = 3: = 1 = 3 and p(3) = p(-3) = 1 220

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