If he begins playing with a given fortune c what is the, Basic Statistics

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If he begins playing with a given fortune c what is the

Suppose that on each play of a certain game a gambler is equally likely to win or to lose. Suppose that when he wins, his fortune is doubled; and when he loses, his fortune is cul in half. If he begins playing with a given fortune c, what is the expected value of his fortune after n independent plays of the game?

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Basic Statistics: If he begins playing with a given fortune c what is the

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