Solve the Problem

question 15

Essay

Solve the problem. What do you conclude about the claim below? Do not use formal procedures or exact calculations. Use only the rare event rule and make a subjective estimate to
determine whether the event is likely.
Claim: A roulette wheel is fair and in 40 consecutive spins of the wheel, black shows up 23
times. (A roulette wheel has 38 equally likely slots of which 18 are black).

---

Definitions:

Faith Factor

The hypothesis that religious belief and participation can positively affect mental and physical health.

Optimism

Optimism is a mental attitude characterized by hope and confidence in future outcomes or the general belief that good prevails over evil.

Pessimism

The habit of viewing things from their bleakest angle or assuming that outcomes will be the most unfavorable, reflecting an absence of hopefulness or assurance about future prospects.

Optimism

A mental attitude reflecting a belief or hope that the outcome of some specific endeavor, or outcomes in general, will be positive, favorable, and desirable.