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Mr. Markov plays cards (Posted on 2010-06-26) |
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Mr. Markov either wins or loses at a card table. His result on a given day is related to his result the day before.
If he loses today, there is a 50% chance he would lose tomorrow.
If he wins today, there is a 30% chance that he would lose tomorrow.
How often would he lose on two consecutive days? Assume an infinite horizon so the first day result is irrelevant.
(Note: Losing three days in a row counts as losing on two consecutive days twice)
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Submitted by Andre
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| solution | Charlie | 2010-06-26 14:58:43 |
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