In the game of roulette, a player can place a $4 bet on the number 32 and have a probability of winning. If the metal ball lands on 32, the player gets to keep the 38 $4 paid to play the game and the player is awarded an additional $140. Otherwise, the player is awarded nothing and the casino takes the player's $4. What is the expected value of the game to the player? If you played the game 1000 times, how much would you expect to lose? The expected value is $. (Round to the nearest cent as needed.) The player would expect to lose about $ (Round to the nearest cent as needed.)

In the game of roulette, a player can place a $4 bet on the number 32 and have a probability of winning. If the metal ball lands on 32, the player gets to keep the 38 $4 paid to play the game and the player is awarded an additional $140. Otherwise, the player is awarded nothing and the casino takes the player's $4. What is the expected value of the game to the player? If you played the game 1000 times, how much would you expect to lose? The expected value is $. (Round to the nearest cent as needed.) The player would expect to lose about $ (Round to the nearest cent as needed.)

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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