In the game of roulette a player can place a 6$ bet on the number 18 and have a 1/38 probability of winning. If the metal back lands on 18 the player gets to keep the 6$ paid to play the game and the player is awarded 210$. Otherwise the player is awarded nothing and the casino takes the players 6$. What is the expected value of the game to the player? If you played the game 1000 times how much will you expect to lose? Expected value is? Expected lost is
In the game of roulette a player can place a 6$ bet on the number 18 and have a 1/38 probability of winning. If the metal back lands on 18 the player gets to keep the 6$ paid to play the game and the player is awarded 210$. Otherwise the player is awarded nothing and the casino takes the players 6$. What is the expected value of the game to the player? If you played the game 1000 times how much will you expect to lose? Expected value is? Expected lost is
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
Problem 15CR
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In the game of roulette a player can place a 6$ bet on the number 18 and have a 1/38 probability of winning. If the metal back lands on 18 the player gets to keep the 6$ paid to play the game and the player is awarded 210$. Otherwise the player is awarded nothing and the casino takes the players 6$. What is the expected value of the game to the player? If you played the game 1000 times how much will you expect to lose? Expected value is? Expected lost is
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