5.85 Amazing roulette run? A roulette wheel in Monte Carlo has 18 even-numbered slots, 18 odd-numbered slots,

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5.85 Amazing roulette run? A roulette wheel in Monte Carlo has 18 even-numbered slots, 18 odd-numbered slots, a slot numbered zero, and a double zero slot. On August 18, 1913, it came up even 26 times in a row.8 As more and more evens occurred, the proportion of people betting on an odd outcome increased because they figured it was due.

a. Comment on this strategy.

b. Find the probability of 26 evens in a row if each slot is equally likely.

c. Suppose that over the past 100 years there have been 1000 roulette wheels, each being used hundreds of times a day. Is it surprising if sometime in the previous 100 years one of these wheels had 26 evens in a row?

Explain.

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Related Book For  book-img-for-question

Statistics The Art And Science Of Learning From Data

ISBN: 9781292164878

4th Global Edition

Authors: Alan Agresti, Christine A. Franklin, Bernhard Klingenberg

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