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In the game of roulette, a player can place a $4 bet on the number 9 and have a probability of winning. If the metal ball lands on 9, the player gets to keep the $4 paid to play the game and the player is awarded an additional $140. Otherwise, the player is awarded nothing and the casino takes the player's $4. 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? The expected value is S (Round to the nearest cent as needed.) The player would expect to lose about S| (Round to the nearest cent as needed.)

In the game of roulette, a player can place a $4 bet on the number 9 and have a probability of winning. If the metal ball lands on 9, the player gets to keep the $4 paid to play the game and the player is awarded an additional $140. Otherwise, the player is awarded nothing and the casino takes the player's $4. 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? The expected value is S (Round to the nearest cent as needed.) The player would expect to lose about S| (Round to the nearest cent as needed.)

College Algebra
College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
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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In the game of roulette, a player can place a $4 bet on the number 9 and have a , probability of winning. If the metal ball lands on 9, the player gets to keep the $4 paid to play the game and the player is awarded an additional $140. Otherwise, the player is awarded nothing and the casino takes the player's $4. 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? 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.)
Transcribed Image Text:In the game of roulette, a player can place a $4 bet on the number 9 and have a , probability of winning. If the metal ball lands on 9, the player gets to keep the $4 paid to play the game and the player is awarded an additional $140. Otherwise, the player is awarded nothing and the casino takes the player's $4. 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? 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.)
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