Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Dissertation Expert

Assignment

The written assignment draws on case study discussion exercises. When preparing your assignment, please identify each answer clearly by question and its number.

Case Study: Texas Hold'em. You must calculate results by hand (though you may use any technology of your choice to verify your answers).

Case Study Discussion - TEXAM HOLD'EM

Texas hold'em and described the basic rules of the game. He we examine some of the simplest probabilities associated with the game.

Recall that, to begin, each player is dealt 2 cards face down, called "hole cards," from an ordinary deck of 52 playing cards. The best possible starting hand is two aces, referred to as "pocket aces."

a. The probability that you are dealt pocket aces is 1/221, or 0.00452 to three significant digits. If you studied either Sections 4.5 and 4.6 or Section 4.8, verify that probability.

b. Using the result from part (a), obtain the probability that you are dealt "pocket kings."

c. Using the result from part (a) and your analysis in part (b), find the probability that you are dealt a "pocket pair," that is, two cards of the same denomination.

Next recall that, after receiving your hole cards, there is betting round. Subsequently, 3 cards, called "the flop," are dealt face up in the center of the table. To do the remaining problems, you need to have studied either Sections 4.5 and 4.6 or Section 4.8. Assuming that you are dealt a pocket pair, determine the probability that the flop

d. contains at least 1 card of your denomination. (Hint: Complementation rule.)

e. gives you "trips," that is, contains exactly 1 card of your denomination and 2 other unpaired cards.

f. gives you "quads," that is, contains 2 cards of your denomination.

g. gives you a "boat," that is, contains 1 card of your denomination and 2 cards of another denomination.

Dissertation, Writing

  • Category:- Dissertation
  • Reference No.:- M91977684

Have any Question?


Related Questions in Dissertation

Assignment - write a dissertation on given

Assignment - Write a Dissertation on given topic. Dissertation Topic: Are Abu Dhabi Public Sector Organizations Ready for Open Innovation? Carry out Primary and Secondary Research to complete the study. Include each and ...

You have just been hired as the chief executive officer ceo

You have just been hired as the chief executive officer (CEO) in a medium-sized organization. The organization is not suffering financially, but neither is it doing as well as it could do. This is largely because the org ...

Dissertation for a bachelors degree in actuarial

Dissertation for a Bachelor's Degree in Actuarial Science Estimating the Survival Rates of Infants Using Efron’s Algorithm and Cox-Regression Methods Introduction Literature Review Methodology Results and Discussion Conc ...

As a consultant to a leader in a united states corporation

As a consultant to a leader in a United States corporation, you have been hired to lead a diverse team in the development of a global organization. The organization is planting business operations in Greece, Singapore, G ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As