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Chance of Bank Balance $0.00 (Math Chat)

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Visit this site: http://www.maa.org/features/mathchat/mathchat_10_5_00.html

Author:Frank Morgan, MAA Online
Description: Answer to the Challenge: My colleague Dick De Veaux reports that upon returning from a three-week trip, he found his checking account balance at exactly $0.00. Without further information, how would you estimate the probability of such an event?

Levels: High School (9-12), College
Languages: English
Resource Types: Articles
Math Topics: Probability

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