In Chance (Spring 2005), University of Denver statistician R. C. Hannum discussed casino gaming and the laws
Question:
a. Find P(x > 0). (This is the probability that the casino wins money.)
b. Find P(5 < x < 15).
c. Find P(x < 1).
d. If you observed an average casino win percentage of -25% after 100 roulette bets on black/red, what would you conclude?
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