Question
To select the dealer to begin a card game, players repeatedly cut a card from a standard deck until a jack is cut. What is
To select the dealer to begin a card game, players repeatedly cut a card from a standard deck until a jack is
cut. What is the expected number of turns before a jack is cut?
a. 10 turns c. 12 turns
b. 11 turns d. 13 turns
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An Introduction to the Mathematics of financial Derivatives
Authors: Salih N. Neftci
2nd Edition
978-0125153928, 9780080478647, 125153929, 978-0123846822
