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In the game of​ roulette, a player can place a ​$5 bet on the number 28 and have a 138 probability of winning. If the metal ball lands on 28​, the player gets to keep the ​$5 paid to play the game and the player is awarded an additional

In the game of​ roulette, a player can place a ​$5 bet on the number 28 and have a 138 probability of winning. If the metal ball lands on 28​, the player gets to keep the ​$5 paid to play the game and the player is awarded an additional

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
Section14.2: Probability
Problem 3E: The conditional probability of E given that F occurs is P(EF)=___________. So in rolling a die the...
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In the game of​ roulette, a player can place a
​$5
bet on the number
28
and have a
138
probability of winning. If the metal ball lands on
28​,
the player gets to keep the
​$5
paid to play the game and the player is awarded an additional
​$175.
​Otherwise, the player is awarded nothing and the casino takes the​ player's
​$5.
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
​$enter your response here.
​(Round to the nearest cent as​ needed.)
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