Finding Odds in Roulette A roulette wheel has 38 slots. One slot is 0, another is 00, and the others are numbered 1 through 36, respectively. You place a bet that the outcome is an odd number. a. What is your probability of winning? b. What are the actual odds against winning? c. When you bet that the outcome is an odd number, the payoff odds are 1:1. How much profit do you make if you bet $18 and win? d. How much profit would you make on the $18 bet if you could somehow convince the casino to change its payoff odds so that they are the same as the actual odds against winning? (Recommendation: Don’t actually try to convince any casinos of this; their sense of humor is remarkably absent when it comes to things of this sort.)

Q: A card is picked from a standard deck of 52 cards. Determine the odds against and the odds in favor…

A: A card is picked from a standard deck of 52 cards. Determine the odds against and the odds in favor…

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A: a. The contingency table is,   Vanilla Chocolate Other Total Children 3 2 1…

Q: die is tossed. Find the odds against rolling a number greater than 4. Simplify your answer.

A: Odd against = number of unfavorable / number of favorable. Odd against probability =…

Q: If the odds on a bet are 34:1 against, what is the probability of winning? Express your answer as a…

A: From the provided information,The odds on a bet are 34:1 against.

Q: One card is randomly selected from a deck of cards. Find the odds against drawing a red seven. The…

A: Total no.of cards=52no.of cards which are a red seven=2no.of cards which are not red seven=50

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A: Given Data Probability of success,p =1/4 =  0.25 Probability of failure,q=(1- 0.25 )=…

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A:

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A: Obtain the probability of not getting a sum of 6 by tossing a two dice. Probability: The ratio of…

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A: According to Bartleby guideline we can solve maximum three subparts

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A:

Q: The weatherman says that there is a 56% chance of rain today. What is the probability that it will…

A: P(rain today): P(A) = 56% = 0.56

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A: The winner of a raffle will receive a new SUV.  If 500 raffle tickets were sold and you purchased 10…

Q: The winner of a raffle will receive a new SUV. If 590 raffle tickets were sold and you purchased 10…

A: Given the winner of a raffle will receive a new SUV. If 590 raffle tickets were sold and you…

Q: You are playing a game with your friends. You have to choose a random card out of a standard deck of…

A: We have to find given probability..

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A:

Q: An American roulette wheel has 38 slots: 18 red, 18 black, and 2 green. What are the odds for the…

A: an american roulette wheel has 38 slots: 18 red , 18 black, 2 greennow , we know :-P(R)=P(landing in…

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Q: You randomly select one card from a 52-card deck. Find the probability of selecting a red ace. O A.…

A: One card is selected from the deck of 52 cards. Suppose S denotes the sample space. Let A be an…

Q: The probability of an event is given. Find the odds in favor of the event. 0.4

A: Given that the probability of an event having=0.4. The probability of an event not having=1-0.4=0.6…

Q: Theresa has a bag with 4 mint sticks, 12 jelly treats, and 4 fruit tart chews. If she eats one piece…

A: