I have been working with excel and am having a problem figuring out how to write a program to answer this question: During an 82 game season, you expect to win 75% of the games, with the probability of winning each game being .75. What is the probability that you never lose two games in a row?
I was thinking of generating random results in excel and running that model a large number of times to eliminate bais, but I don't remember how do to it.
Any help is appreciated!!!!
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