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Review probability problem related to money

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Reference no: EM131809889

Question: Suppose you bet a dollar on red, 25 times in a row, at roulette. Each time you win a dollar with probability 18/38, lose with probability 20/38. Find approximately the chance that after 25 bets you have at least as much money as you started with. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131809889

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