1 38 In the game of roulette, a player can place a $6 bet on the number 34 and probability of winning. If the metal ball lands on 34, the player gets to keep the $6 paid to play the game and the player is awarded an additional $210. Otherwise, the player is awarded nothing and the casino takes the player's $6. What is the expected value of the game to the player? If you played the game 1000 times, how much would you expect to lose? have a The expected value is $ (Round to the nearest cent as needed.) The player would expect to lose about $ (Round to the nearest cent as needed.)

1 38 In the game of roulette, a player can place a $6 bet on the number 34 and probability of winning. If the metal ball lands on 34, the player gets to keep the $6 paid to play the game and the player is awarded an additional $210. Otherwise, the player is awarded nothing and the casino takes the player's $6. What is the expected value of the game to the player? If you played the game 1000 times, how much would you expect to lose? have a The expected value is $ (Round to the nearest cent as needed.) The player would expect to lose about $ (Round to the nearest cent as needed.)

College Algebra

7th Edition

ISBN:9781305115545

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter9: Counting And Probability

Section9.4: Expected Value

Problem 19E: Lottery In a 6/49 lottery game, a player pays $1 and selects six numbers from 1 to 49. Any player...

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