Come to office hours if you have more detailed questions.
You should explain how you used computer simulation to calculate the average earnings of a gambler that uses this strategy. As part of the explanation, provide a figure (or a series of figures) that show how the gamblers earnings (or losses) evolve over a series of wagers at the roulette wheel. (The x-axis will be the wager number (or play number), the y-axis will be earnings.) The code below provides all the functions you’ll need to calculate average earnings.
Show your audience how changing a parameter of the simulation (see table below) does or does not have an impact on average earnings. A figure would be helpful.
See the stopping rule below. Explain to your audience how you used computer simulation to estimate the average number of plays before stopping. The code below will need to be modified to calculate this quantity.
Be sure to explain the limitations of the simulation; identify simplifications or other sources of uncertainty.
You need to add in a written explanation to "explain how you used computer simulation to calculate the average earnings of a gambler that uses this strategy." Explain in 2-4 sentences what Tom's code is doing.
Increase you simulations to at least 1000. Yours are 100 for the walk_out_money variable.
FAIL