A gambler who keeps placing $1 bets on roulette will, after a very large number of bets, find that his average winnings per bet are close to $0.947. (The house keeps the other $0.053 per bet.) The statistical term for the number $0.947 is A. the expected value of a bet. B. a random number. C. "The Bet" by Anton Chekov. D. the probability of winning a bet. E. the bias of a bet.

A gambler who keeps placing $1 bets on roulette will, after a very large number of bets, find that his average winnings per bet are close to $0.947. (The house keeps the other $0.053 per bet.) The statistical term for the number $0.947 is A. the expected value of a bet. B. a random number. C. "The Bet" by Anton Chekov. D. the probability of winning a bet. E. the bias of a bet.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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