Matlab homework

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see attachments I need you to DO JuSt Number 1 and number 4 only


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Assignment #1 - MATLAB Roulette Simulation Due Date: February 9, 2018, 4:59 PM (SAKAI) Possible points: 150 points s.d Matlab will give you Your client is seeking your advice. Mr. South Paw has received $25,000 in inheritance and would like to increase his asset by visiting the great city of Biloxi. His favorite game is roulette, so he is seeking to know the best bet strategy to at least double his money. He wants to either play: SISES Option 1) 10 times at a bet of $2,500 (consecutive independent hands) 2012 3rd 12 112 1 to 18 EVEN Option 2) 20 times at a bet of $1,250 (consecutive independent hands) ODD 19:36 Option 3) 5 times at a bet of $5,000 (consecutive independent hands) He wants to stick to only one type of a bet, but he is unsure of which of the following bets he should make (keep in mind his favorite number is 22): 1. Even: (payoff is 1 to 1) 2. Black: (payoff is 1 to 1) 3. 1st row (payoff is 2 to 1) (1,4,7,..., 34) 4. 13-24 dozen (payoff is 2 to 1) (13, 14, 15,..., 24) 5. Single number (22; payoff is 35 to 1) 6. Split numbers (22 and 25; payoff is 17 to 1) 7. Four numbers (22, 23, 25, 26; payoff is 8 to 1) Using a MATLAB program (or Octave) run a simulation to show which option will give him the best probability to at least double his money. Your assignment: To limit the program and results section, each student will only consider two of the seven options for their assignment. For last names starting with: A through D: only consider options 1 and 4 only E through N: only consider 3 and 6 only O through Z: only consider 2 and 7 only (125 pts) Page 1 - A letter to your client summarizing methods and results. You must have a statement that clearly identifies the best option of his betting strategy. Include a table with the mean, standard deviation and probabilities of at least doubling his money for all options 6 outcomes (3 options x 2 betting strategies). (grading: 25pts for content/grammar/spelling, 25pts for style/format, 75 pts for data/table/chart). This should only be 1 page. No cover sheet needed. Mean sd I prob need table (25 pts) Page 2 - Description of your MATLAB code Upload your Matlab file as .m file onto SAKAI. Upload your summary page (page 1) and Matlab code description (page 2) as a single pdf file. Note: Any number of software programs (Matlab, Excel, Word, etc.) can be used to generated plots and tables. How to get a zero in this assignment: Upload the assignment late, forget the MATLAB code, copy someone else's work, either the code or the letter (note: both parties will get a zero, your MATLAB code doesn't work or is in disagreement of your results.
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