Explain the difference between independent events and dependent events in probability.
The Card Counter
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Science, Business
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6th - 12th Grade
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Hard
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The video discusses mathematician Edward Thorpe's journey from gambling to the stock market. Initially, Thorpe used his mathematical skills to develop a card counting strategy for blackjack, significantly reducing the odds of losing. His method caused chaos in casinos, leading them to implement countermeasures. Eventually, Thorpe was banned from casinos, prompting him to apply his skills to the stock market, where he achieved great success.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What did Thorpe do after being banned from casinos?
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