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Case

The Roulette Wheel

By Pfeifer, Phillip E.

Decision Analysis

The case provides data gathered from 18 hours of play at a single roulette wheel in a Nevada casino. Data include the frequencies of each of the 38 sectors over 904 spins and frequencies of the 22,527 "straight-up" bets placed. Summary data is also available on how bettors react to streaks in even-money outcomes-allowing one to test for the gambler's fallacy. The case is used in an introductory course on data analysis. The data came from Croston and Sundali (2005).

Collection: Darden University of Virginia (USA)

Ref: DARDEN-QA-0718-E

Format: PDF

Number of pages: 4

Publication Date: Mar 20, 2008

Language: English

Review date: Sep 21, 2017

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Description

Industry Setting: Entertainment/Leisure/Sports

The Roulette Wheel

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The Roulette Wheel

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The Roulette Wheel

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