Material Detail
Red and Black Experiment
This resource consists of a Java applet and expository text. The applet simulates the red and black experiment in which a player bets on a sequence of Bernoulli trials until a target fortune is reached or the player is ruined. The initial fortune, target fortune, and trial win probability can be varied, and the user can select either of two basic strategies: timid play or bold play....
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More about this material
- Material Type:
- Simulation
- Date Added to MERLOT:
- July 27, 2016
- Date Modified in MERLOT:
- December 4, 2018
- Author:
- Kyle Siegrist
- Submitter:
-
Barbra Bied Sperling
- Primary Audience:
- College General Ed
- Technical Format:
- Website
- Mobile Compatibility:
- Not specified at this time
- Language:
- English
- Cost Involved:
- No
- Source Code Available:
- No
- Creative Commons:
-
This work is licensed under a Attribution 3.0 United States
