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Let X be the amount won or lost in betting $5 on red in roulette. Then...

Let X be the amount won or lost in betting $5 on red in roulette. Then px(5) = 18/38 and px(−5) = 20/38. If a gambler bets on red one hundred times, use the DeMoivre-Laplace with Continuity Correction to estimate the probability that those wagers result in less than $50 in losses.

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