Hi PeroK,
Thanks for taking the time to reply and actually do the calculations.
Maybe I did an error in the calculation of P(e) = (n!/(x!(n-x)!)) P(b)^x (1-P(b))^n-x . I found it much lower, but you are probably correct.
And yes I did consult wikipedia about it.
And one more question, what...
Hello I have a basic but quite difficult question about roulette probabilities (assuming roulette has 37 numbers 0-36). I need a general formula for calculating the probability of an event, given specific parameters:
We need to calculate the probability P(e) of the event E = [Bet B appearing X...