MathCastle
StatisticsSuperchallengeBinomial and Geometric

Binomial and Geometric · Superchallenge problem

In a game you win $1\$1 or lose $1\$1 with equal probability each round, independently. After 400400 rounds, estimate the probability that you are ahead by MORE than $20\$20, using the normal approximation with a continuity correction on the number of wins. Give your answer to four decimal places.