a popular casino game, you can bet one whether a ball will fall in an arc on a wheel colored red, black, or green. Say the probability of a red outcom kes a $2 bet on red. Find the expected net winnings for this single bet. Interpret the result. pose the correct answer below and fill in the answer box to complete your choice. und to three decimal places as needed.) A. On average, a person is expected to win dollars for any bet on the roulette wheel. B. If the $2 bet on red was placed a very large number of times, the bettor would win a total of dollars. C. If the $2 bet on red was placed a very large number of times, the average winnings would be dollars per bet. D. A person will win dollars every time a $2 bet was placed on red.

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Author:Amos Gilat
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that of a black outcome is , and that of a green outcome is an- Suppose someom
18
In a popular casino game, you can bet one whether a ball will fall in an arc on a wheel colored red, black, or green. Say the probability of a red outcome is
2
makes a $2 bet on red. Find the expected net winnings for this single bet. Interpret the result.
Choose the correct answer below and fill in the answer box to complete your choice.
(Round to three decimal places as needed.)
O A. On average, a person is expected to win
dollars for any bet on the roulette wheel,
O B. If the $2 bet on red was placed a very large number of times, the bettor would win a total of
dollars.
O C. If the $2 bet on red was placed a very large number of times, the average winnings would be
dollars per bet.
O D. A person will win
dollars every time a $2 bet was placed on red.
Transcribed Image Text:Question Help ▼ 18 that of a black outcome is , and that of a green outcome is an- Suppose someom 18 In a popular casino game, you can bet one whether a ball will fall in an arc on a wheel colored red, black, or green. Say the probability of a red outcome is 2 makes a $2 bet on red. Find the expected net winnings for this single bet. Interpret the result. Choose the correct answer below and fill in the answer box to complete your choice. (Round to three decimal places as needed.) O A. On average, a person is expected to win dollars for any bet on the roulette wheel, O B. If the $2 bet on red was placed a very large number of times, the bettor would win a total of dollars. O C. If the $2 bet on red was placed a very large number of times, the average winnings would be dollars per bet. O D. A person will win dollars every time a $2 bet was placed on red.
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