A game of chance is played on a wheel that contains 32 numbers (15 are red, 15 are black, and 2 are green). When the wheel is spun, the ball is equally likely to land on any of the 32 numbers. Suppose that you bet $1 on black. If the ball lands on a black number, you win $1; otherwise you lose your $1. Let X be the amount you win on your $1 bet. Then X is the random variable whose probability distribution is as follows. X P(X=x) 1 0.469 -1 0.531
A game of chance is played on a wheel that contains 32 numbers (15 are red, 15 are black, and 2 are green). When the wheel is spun, the ball is equally likely to land on any of the 32 numbers. Suppose that you bet $1 on black. If the ball lands on a black number, you win $1; otherwise you lose your $1. Let X be the amount you win on your $1 bet. Then X is the random variable whose probability distribution is as follows. X P(X=x) 1 0.469 -1 0.531
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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