A roulette wheel has the numbers 1 through 36, 0, and 00. A bet on five numbers pays 6 to 1 (that is, if you bet $1 and one of the five numbers you bet comes up, you get back your $1 plus another $6). How much do you expect to win with a $1 bet on five numbers? (Round your answer to the nearest cent.)
A roulette wheel has the numbers 1 through 36, 0, and 00. A bet on five numbers pays 6 to 1 (that is, if you bet $1 and one of the five numbers you bet comes up, you get back your $1 plus another $6). How much do you expect to win with a $1 bet on five numbers? (Round your answer to the nearest cent.)
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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A roulette wheel has the numbers 1 through 36, 0, and 00. A bet on five numbers pays 6 to 1 (that is, if you bet $1 and one of the five numbers you bet comes up, you get back your $1 plus another $6). How much do you expect to win with a $1 bet on five numbers? (Round your answer to the nearest cent.)
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