A modiffed roulette wheel has 40 slots. One slot is 0, anotne s 00, and the otners are numbered 1 througn 38, respectively. You are placing outcome is an odd (In roulette, 0 and neitner odd hor even.) a. What your probability of winning? 19 The probability of winning is 40 (Type an integer or a simplified fraction.) b. What are the actual odds against winning? The actual odds against winning are 21: 19 c. When you bet that the outcome is an odd number, the payoff odds are 1:1. How much profit do you make if you bet $12 and win? If you win, the payoff is $.
A modiffed roulette wheel has 40 slots. One slot is 0, anotne s 00, and the otners are numbered 1 througn 38, respectively. You are placing outcome is an odd (In roulette, 0 and neitner odd hor even.) a. What your probability of winning? 19 The probability of winning is 40 (Type an integer or a simplified fraction.) b. What are the actual odds against winning? The actual odds against winning are 21: 19 c. When you bet that the outcome is an odd number, the payoff odds are 1:1. How much profit do you make if you bet $12 and win? If you win, the payoff is $.
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 6ECP: In Pennsylvania’s Cash 5 game, a player chooses five different numbers from 1 to 43. If these five...
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Transcribed Image Text:A modified roulette wheel has 40 slots. One slot is 0, another is 00, and the others are numbered 1 through 38, respectively. You are placing a bet that the outcome is an odd number. (In roulette, 0 and 00 are neither odd nor even.)
a. What is your probability of winning?
19
The probability of winning is
40
(Type an integer or a simplified fraction.)
b. What are the actual odds against winning?
The actual odds against winning are 21 : 19.
c. When you bet that the outcome is an odd number, the payoff odds are 1:1. How much profit do you make if you bet $12 and win?
If
you win, the payoff is $
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