A Gambler Bets $1 On Each Play Ofa Game. Each Time, He Has A Probability P-O 6 Of Winning And Probabilit (I- P) Of Losing The Dollar Bet. He Will Continue To Play Until

A Gambler Bets $1 On Each Play Ofa Game. Each Time, He Has A Probability P-O 6 Of Winning And Probabilit (I- P) Of Losing The Dollar Bet. He Will Continue To Play Until He Goes Broke Or Nets A Fortune Of S4. Let X, Denotes The Number Of Dollars Possessed By The Gambler After The N Play Of The Game. The Gambler Starts With Xo (A Positive Integer

(12 points). A gambler bets $1 on each play ofa game. Each time, he has a probability p-o 6 of winning and probabilit
(I- P)

 


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