subject
Mathematics, 23.05.2020 21:06 jamesk5671

Many, many people have made incorrect assumptions based on probability. Some of the most obvious cases come from people who gamble. For instance, gamblers often believe that if certain events (numbers on a pair of dice or a roulette wheel, or results on a slot machine) have not occurred in some time, then these numbers or results are "due" to occur. Or, they assume that if a repeated behavior results in several losses in a row, then they are "due" for a win if they repeat the same behavior. (Note that most casino games are designed so that the odds are slightly in favor of the casino. The games are otherwise "fair," in terms of their setups and theoretical probabilities for possible outcomes.) Apply the concept of expected values, as well as your understanding of "fair" games, to explain why gamblers are wrong when they use this line of reasoning After you post your thoughts, read and respond to the posts of your peers by using probability and mathematical reasoning to add insight to their conclusions.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 18:30
Una caja de galletas contiene 16 paquetes y cada una de estas tiene 12 galletas y se quieren repartir entre 6 niños ¿de cuantas galletas le toca a cada niño?
Answers: 1
question
Mathematics, 21.06.2019 20:00
Which of the following is the inverse of y = 3∧x y = 1/3∧x y = ㏒3x y = (1/3) ∧x y = ㏒ 1/3∧x
Answers: 1
question
Mathematics, 21.06.2019 22:10
Aadc is formed by reflecting aabc across line segment ac, as shown in the figure. if the length of ac is 4 units, the area of aadc is square units.
Answers: 3
question
Mathematics, 22.06.2019 00:30
20 points + brainliest answer + my mom’s chocolate chip cookie ! subtract.
Answers: 1
You know the right answer?
Many, many people have made incorrect assumptions based on probability. Some of the most obvious cas...
Questions
Questions on the website: 13722362