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1 In the game of roulette, a player can place a $10 bet on the number 31 and have a probability of winning. If the metal ball lands on 31, the player gets to keep the 38 $10 paid to play the game and the player is awarded an additional $350. Otherwise, the player is awarded nothing and the casino takes the player's $10. Find the expected value E(x) to the player for one play of the game. If x is the gain to a player in a game of chance, then E(x) is usually negative. This value gives the average amount per game the player can expect to lose. The expected value is $. (Round to the nearest cent as needed.) Question Viewer

1 In the game of roulette, a player can place a $10 bet on the number 31 and have a probability of winning. If the metal ball lands on 31, the player gets to keep the 38 $10 paid to play the game and the player is awarded an additional $350. Otherwise, the player is awarded nothing and the casino takes the player's $10. Find the expected value E(x) to the player for one play of the game. If x is the gain to a player in a game of chance, then E(x) is usually negative. This value gives the average amount per game the player can expect to lose. The expected value is $. (Round to the nearest cent as needed.) Question Viewer

Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter14: Counting And Probability
Section14.CR: Chapter Review
Problem 8CC
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1 In the game of roulette, a player can place a $10 bet on the number 31 and have a o probability of winning. If the metal ball lands on 31, the player gets to keep the $10 paid to play the game and the player is awarded an additional $350. Otherwise, the player is awarded nothing and the casino takes the player's $10. Find the expected value E(x) to the player for one play of the game. If x is the gain to a player in a game of chance, then E(x) is usually negative. This value gives the average amount per game the player can expect to lose. The expected value is $. (Round to the nearest cent as needed.) In Question Viewer
Transcribed Image Text:1 In the game of roulette, a player can place a $10 bet on the number 31 and have a o probability of winning. If the metal ball lands on 31, the player gets to keep the $10 paid to play the game and the player is awarded an additional $350. Otherwise, the player is awarded nothing and the casino takes the player's $10. Find the expected value E(x) to the player for one play of the game. If x is the gain to a player in a game of chance, then E(x) is usually negative. This value gives the average amount per game the player can expect to lose. The expected value is $. (Round to the nearest cent as needed.) In Question Viewer
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