The Basic Practice of Statistics 7th Edition

Published by W. H. Freeman
ISBN 10: 146414253X
ISBN 13: 978-1-46414-253-6

Chapter 14 - Binomial Distributions - Chapter 14 Exercises - Page 341: 14.28

Answer

See below.

Work Step by Step

We know that $\text{probability}=\frac{\text{number of favourable outcomes}}{\text{number of all outcomes}}$, which here is: $\frac{18}{38}\approx0.4737\lt0.5$, thus the chance of winning is less than losing, thus the longer we play, the probability of winning will be even less.
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