Oneachbetinasequenceofbets,youwin$1withprobability0.50andlose$1(i.e.,win $1) withprobability0.50.Let Y denote thetotalofyourwinningsandlosingsafter100bets. Giving yourreasoning,statetheapproximatedistributionof Y .

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Oneachbetinasequenceofbets,youwin$1withprobability0.50andlose$1(i.e.,win

−$1) withprobability0.50.Let Y denote thetotalofyourwinningsandlosingsafter100bets.

Giving yourreasoning,statetheapproximatedistributionof Y .

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