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BRM 623 – A gambler knows that red and black are equally

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1 17.23 An unenlightened gambler. (a) A gambler knows that red and black are equally likely to occur on each spin of a roulette wheel. He observes ve consecutive reds occur and bets heavily on black at the next spin. Asked why, he explains that black is due by the law of averages. Explain to […]

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