Create a Monte Carlo simulation that generates 1,000 outcomes of S. Compute the average and standard deviation of the resulting list to confirm the results of 6 and 7. Start your code by setting the...

Create a Monte Carlo simulation that generates 1,000 outcomes of S. Compute the average and standard deviation of the resulting list to confirm the results of 6 and 7. Start your code by setting the seed to 1 with set.seed(1).

Now create a random variable S that is the sum of your winnings after betting on green 1000 times. Hint: change the argument size and replace in your answer to question 2. Start your code by setting the seed to 1 with set.seed(1).