At roulette, there are 38 slots. A singie space pays 35 to 1. So, you nak $1 on a singie siot and win, you net gain +35 dolars. f you lone, your nat equals -1 dola. Suppose you will play for 20 rounds and bet one dotar an a singie apace nach round, (You may enter valuen rounded to the nearest cert. Beware of carried rounding erar) Your average net gain per play equals dollars The SD of your net gain per play equais dollars. The expected value of your total net gain after 20 plays equals dollars dollars. The standard eror of your total net gain after 20 plays equals

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.5: Counting Principles
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At roulette, there are 38 slots. A single space pays 35 to 1. So, " you nisk $1 on a single slot and win, you net gain +35 dolars. If you losa, your nat equals -1 dola.
Suppose you will play for 20 rounds and bet one doliar on a singie space each round. (You may enter values rounded to the nearest cert. Beware of carred rounding erran)
Your average net gain per play equals
dollars
The SD of your net gain per play equais
dollars.
dollars.
The expected value of your total net gain after 20 plays equals
dollars
The standard eror of your total net gain after 20 plays equals
Transcribed Image Text:At roulette, there are 38 slots. A single space pays 35 to 1. So, " you nisk $1 on a single slot and win, you net gain +35 dolars. If you losa, your nat equals -1 dola. Suppose you will play for 20 rounds and bet one doliar on a singie space each round. (You may enter values rounded to the nearest cert. Beware of carred rounding erran) Your average net gain per play equals dollars The SD of your net gain per play equais dollars. dollars. The expected value of your total net gain after 20 plays equals dollars The standard eror of your total net gain after 20 plays equals
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