developed new probability distribution day by day from transformations

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter11: Simulation Models
Section11.5: Simulating Games Of Chance
Problem 36P: A martingale betting strategy works as follows. You begin with a certain amount of money and...
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why we developed new probability distribution day by day from transformations?

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