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Mathematics, 07.11.2019 04:31 jdsfdujfi1598

Ablackjack player at a las vegas casino learned that the house will provide a free room if play is for four hours at an average bet of $50. the player’s strategy provides a probability of .49 of winning on any one hand, and the player knows that there are 60 hands per hour. suppose the player plays for four hours at a bet of $50 per hand. anderson, david r.. essentials of statistics for business and economics (p. 300). south-western college pub. kindle edition.

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