A modified roulette wheel has 32 slots. One slot is 0, another is 00, and the other are numbered 1 though 30, respectively. You are placing a bet that the outcome is an even number.(In roulette, 0 and 00 are neither odd nor even) a) what is your probability of winning? b) what are the actual odds against winning?
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
A modified roulette wheel has 32 slots. One slot is 0, another is 00, and the other are numbered 1 though 30, respectively. You are placing a bet that the outcome is an even number.(In roulette, 0 and 00 are neither odd nor even)
a) what is your probability of winning?
b) what are the actual odds against winning?
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