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The Pelayo Family Plays Roulette Case Solution & Answer

The Pelayo Family Plays Roulette Case Solution

This Case is about RISK MANAGEMENT

PUBLICATION DATE: August 11, 2016

The Pelayo family has actually been researching roulette wheels and gathering information on 10s of countless spins. Now the Pelayos have actually recognized a wheel which they wish to bank on, which has 6 numbers which have a 1/30 possibility of winning rather of 1/37. They have actually staked EUR1,000 on this particular wheel. The concern is: How much needs to they wager in purchase to possess the very most capital right after 200 rounds? Log energy is utilized to compare options and discover an optimum bet.

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