Counting & ProbabilitySuperchallengeConditional Probability, Independence & Bayes
Conditional Probability, Independence & Bayes · Superchallenge problem
Ann and Bob each start with . They play a sequence of independent rounds; Ann wins each round with probability , and the loser of a round pays the winner . They stop when one of them has all . Given that Ann ends up with all the money, what is the probability that she won the first round? Express your answer as a common fraction.