American Roulette is a form of gambling where there are 38 total slots labeled 1 through 36 and 0 and 00. Calculate the expected return for a gambler who bets $3 on two consecutive numbers 5 and 6; the return is 17 times if either 5 or 6 shows up. Answer format: 23/45

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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American Roulette is a form of gambling where there are 38 total slots labeled 1 through 36 and 0 and 00. Calculate the expected return for a gambler who bets $3 on two consecutive numbers 5 and 6; the return is 17 times if either 5 or 6 shows up.
 
 
Answer format: 23/45
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