We consider here the gravitational collapse of a spherically symmetric
inhomogeneous dust cloud described by the Tolman-Bondi models. By studying a
general class of these models, we find that the end state of the collapse is
either a black hole or a naked singularity, depending on the parameters of the
initial density distribution, which are ρc, the initial central density
of the massive body, and R0, the initial boundary. The collapse ends in a
black hole if the dimensionless quantity β constructed out of this
initial data is greater than 0.0113, and it ends in a naked singularity if
β is less than this number. A simple interpretation of this result can be
given in terms of the strength of the gravitational potential at the starting
epoch of the collapse.Comment: Original title changed, numerical range of naked singularity
corrected. Plain Tex File. 14 pages. To appear in Physical Review