Assume an initial capital of 1,000 USD, then proceed to computationally simulate the Martingale strategy...
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Assume an initial capital of 1,000 USD, then proceed to computationally simulate the Martingale strategy by repeatedly betting 1 uSD on one of two options with equal probability of occurrence and demonstrate. (IN PYTHON/MATLAB & PLEASE HELP!!)
(a) The total loss of capital. (b) That the expected value of the game before the loss operates in favor of the player.
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