Probability of getting one of the three largest numbers

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Consider the best-choice problem from Section 2.3 with 100 slips of paper. You let the first 30 slips of paper go by and then pick the first one to come along thereafter that contains a higher number than was seen in the first 30 slips. Use computer simulation to find the probability of obtaining either the largest or the second largest possible number. What is the probability of getting one of the three largest numbers?

Reference no: EM131834861

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