Solve the Problem

Essay

Solve the problem. What do you conclude about the claim below? Do not use formal procedures or exact calculations. Use only the rare event rule and make a subjective estimate to
determine whether the event is likely.
Claim: A roulette wheel is fair and in 40 consecutive spins of the wheel, black shows up 23
times. (A roulette wheel has 38 equally likely slots of which 18 are black).