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Probability 8.0/10

Pólya's Urn

An urn starts with one red and one blue ball. Repeatedly, a ball is drawn uniformly at random, then returned along with one additional ball of the same color. What is the probability the third draw is red? Express as a fraction.

Related problems & prerequisites

Worth solving first

Source: The Polya urn, introduced by Florian Eggenberger and George Polya (1923). Statement written for AxiomIQ.