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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 18 that of a 38 18 2 black outcome is and that of a green outcome is 38 Suppose someone makes a $20 bet on black. Find the expected net winnings for this single bet. Interpret the 38 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. If the $20 bet on black was placed a very large number of times, the bettor would win a total of dollars. O B. A person will win dollars every time a $20 bet was placed on black. O C. On average, a person is expected to win dollars for any bet on the roulette wheel. O D. If the $20 bet on black was placed a very large number of times, the average winnings would be dollars per bet.

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 18 that of a 38 18 2 black outcome is and that of a green outcome is 38 Suppose someone makes a $20 bet on black. Find the expected net winnings for this single bet. Interpret the 38 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. If the $20 bet on black was placed a very large number of times, the bettor would win a total of dollars. O B. A person will win dollars every time a $20 bet was placed on black. O C. On average, a person is expected to win dollars for any bet on the roulette wheel. O D. If the $20 bet on black was placed a very large number of times, the average winnings would be dollars per bet.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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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 18 that of a 38 18 2 black outcome is and that of a green outcome is 38 Suppose someone makes a $20 bet on black. Find the expected net winnings for this single bet. Interpret the 38 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. If the $20 bet on black was placed a very large number of times, the bettor would win a total of dollars. O B. A person will win dollars every time a $20 bet was placed on black. O C. On average, a person is expected to win dollars for any bet on the roulētte wheel. O D. If the $20 bet on black was placed a very large number of times, the average winnings would be dollars per bet.
Transcribed Image Text: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 18 that of a 38 18 2 black outcome is and that of a green outcome is 38 Suppose someone makes a $20 bet on black. Find the expected net winnings for this single bet. Interpret the 38 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. If the $20 bet on black was placed a very large number of times, the bettor would win a total of dollars. O B. A person will win dollars every time a $20 bet was placed on black. O C. On average, a person is expected to win dollars for any bet on the roulētte wheel. O D. If the $20 bet on black was placed a very large number of times, the average winnings would be dollars per bet.
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