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A deck of pokers. Three choices: A: 26 black, 26 Red; B: 13 black, 13 Red; C: random 26 card from the deck. Take the first two cards, if same color, the win $1, otherwise lose $1. Which deck is best for you if you are playing? Why? How to do simulations? How to draw the random pile of 26 cards?
I did solve the problem but its hard to compare all those probability numbers without doing all the calculations.
Anyone knows how to compare the three probabilities with minimal calculations?
I did solve the problem but its hard to compare all those probability numbers without doing all the calculations.
Anyone knows how to compare the three probabilities with minimal calculations?