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Roulette A roulette wheel has 38 numbers, 1 through 36, 0, and 00. One-half of the numbers from 1 through 36 are red, and the other half are black; 0 and 00 are green. A ball is rolled, and it falls into one of the 38 slots, giving a number and a color. The payoffs (winnings) for a $1 bet are as follows: Red or black $10 Odd or even $1 00 1-18 9-36 $35 $35 $1 Any single number $35 $17 $1 0or 00 If a person bets $1, find the expected value for each. a. Red b. Even c. 00 d. Any single number e. 0 or 00

Roulette A roulette wheel has 38 numbers, 1 through 36, 0, and 00. One-half of the numbers from 1 through 36 are red, and the other half are black; 0 and 00 are green. A ball is rolled, and it falls into one of the 38 slots, giving a number and a color. The payoffs (winnings) for a $1 bet are as follows: Red or black $10 Odd or even $1 00 1-18 9-36 $35 $35 $1 Any single number $35 $17 $1 0or 00 If a person bets $1, find the expected value for each. a. Red b. Even c. 00 d. Any single number e. 0 or 00

College Algebra
College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 61E: Roulette American roulette is a game in which a wheel turns on a spindle and is divided into 38...
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Roulette A roulette wheel has 38 numbers, 1 through 36, 0, and 00. One-half of the numbers from 1 through 36 are red, and the other half are black; 0 and 00 are green. A ball is rolled, and it falls into one of the 38 slots, giving a number and a color. The payoffs (winnings) for a $1 bet are as follows: Red or black $10 Odd or even $1 00 1-18 9-36 $35 $35 $1 Any single number $35 $17 $1 0or 00 If a person bets $1, find the expected value for each. a. Red b. Even c. 00 d. Any single number e. 0 or 00
Transcribed Image Text:Roulette A roulette wheel has 38 numbers, 1 through 36, 0, and 00. One-half of the numbers from 1 through 36 are red, and the other half are black; 0 and 00 are green. A ball is rolled, and it falls into one of the 38 slots, giving a number and a color. The payoffs (winnings) for a $1 bet are as follows: Red or black $10 Odd or even $1 00 1-18 9-36 $35 $35 $1 Any single number $35 $17 $1 0or 00 If a person bets $1, find the expected value for each. a. Red b. Even c. 00 d. Any single number e. 0 or 00
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