Question

There are k players, with player i having value vi > 0, i= 1, ..., K. In every period, two of the players play a game, while the other k -2 wait in an ordered line. The loser of a game joins the end of the line, and the winner then plays a new game against the player who is first in line. Whenever i and j play, i wins with probability

Answer 1

A geometric random variable represents the number of games played until a player loses. The probability can be calculated using the formula P(X = k) = (1-p)^(k-1) * p, where p is the probability of losing a game and k is the number of games.

Step-by-step explanation:

A geometric random variable, denoted as X, represents the number of games played until a player loses. It is a type of random variable in probability theory. We can calculate the probability that it takes a certain number of games until the player loses by using the formula P(X = k) = (1-p)^(k-1) * p, where p is the probability of losing a game and k is the number of games. For example, if p = 0.57 and we want to find the probability that it takes five games until the player loses, we can calculate P(X = 5) = (1-0.57)^(5-1) * 0.57.

Answer 2

2

Step-by-step explanation:

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