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 that of a 37' 18 and that of a green outcome is 37 Suppose someone makes a $10 bet on black. Find the expected net winnings for this single bet. Interpret the 37 black outcome is 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 $10 bet on black was placed a very large number of times, the average winnings would be dollars per bet. O B. On average, a person is expected to win dollars for any bet on the roulette wheel. O C. If the $10 bet on black was placed a very large number of times, the bettor would win a total of dollars. O D. A person will win dollars every time a $10 bet was placed on black.

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Question
18
that of a
37
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
and that of a green outcome is
37'
Suppose someone makes a $10 bet on black. Find the expected net winnings for this single bet. Interpret the
37
black outcome is
result.
Choose the correct answer below and fill in the answer box to complete your choice.
(Round to three decimal places as needed.)
dollars per bet.
O A. If the $10 bet on black was placed a very large number of times, the average winnings would be
O B. On average, a person is expected to win
dollars for any bet on the roulette wheel.
dollars.
O C. If the $10 bet on black was placed a very large number of times, the bettor would win a total of
O D. A person will win
dollars every time a $10 bet was placed on black.
Transcribed Image Text:18 that of a 37 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 and that of a green outcome is 37' Suppose someone makes a $10 bet on black. Find the expected net winnings for this single bet. Interpret the 37 black outcome is result. Choose the correct answer below and fill in the answer box to complete your choice. (Round to three decimal places as needed.) dollars per bet. O A. If the $10 bet on black was placed a very large number of times, the average winnings would be O B. On average, a person is expected to win dollars for any bet on the roulette wheel. dollars. O C. If the $10 bet on black was placed a very large number of times, the bettor would win a total of O D. A person will win dollars every time a $10 bet was placed on black.
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