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R Programming Question Marie plays gambling. With the initial balance, a single play results in either...

R Programming Question

Marie plays gambling. With the initial balance, a single play results in either gain(+1) or loss(-1) with probabilities of 0.5. She stops the game when her balance becomes either 0 or 20.

How could I obtain a Monte Carlo distribution of the duration of single game with 2,000 simulated trials?

Game Duration : # of plays in a single game.

Solutions

Expert Solution

Below is a monte carlo distribution with initial balance 10.

orchestra answered 2 years ago
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