Question
Watch the documentary Breaking Vegas: The Roulette Assault about how the Spanish family Los Pelayos used probability to beat the roulette of the best casinos
Watch the documentary Breaking Vegas: The Roulette Assault about how the Spanish family Los Pelayos used probability to beat the roulette of the best casinos worldwide. Answer the following questions:
A) How does Los Pelayo's story show the difference between "theoretical probability" and "empirical probability"?
B) Gonzalo Garca Pelayo knew the Law of the Large Numbers. Explain how this law was important in the story of Los Pelayos. Explain what they did to take full advantage of this law.
C) What other concepts studied in class are mentioned in the documentary? What new things have you learned from the documentary?
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