In the game of roulette, a player can place a $8 bet on the number 10 and have a 38 probability of winning. If the metal ball lands on 10, the player gets to keep the $8 paid to play the game and the player is awarded an additional $280. Otherwise, the player is awarded nothing and the casino takes the player's $8. Find the expected value E(x) to the player for one play of the game. If x is the gain to a player in a game of chance, then E(x) is usually negative. This value gives the average amount per game the player can expect to lose. The expected value is $. (Round to the nearest cent as needed.) Enter your answer in the answer box. les7e_ppt_04 pptx les7e_ppt 04 pptx Shaw All MacBook Air 20 F3 II F8 esc F4 F5 F6 F7 F9 F10 F11 F12 %23 & 4 8 9. delete { Q E tab enter D н return caps lock shift shift +II F.

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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In the game of roulette, a player can place a $8 bet on the number 10 and have a 1/38 probability of winning . If the metal ball lands in 

In the game of roulette, a player can place a $8 bet on the number 10 and have a
38
probability of winning. If the metal ball lands on 10, the player gets to keep the $8 paid to play the game and the player is awarded an additional $280.
Otherwise, the player is awarded nothing and the casino takes the player's $8. Find the expected value E(x) to the player for one play of the game. If x is the gain to a player in a game of chance, then E(x) is usually negative. This value gives the
average amount per game the player can expect to lose.
The expected value is $.
(Round to the nearest cent as needed.)
Enter your answer in the answer box.
les7e_ppt_04 pptx
les7e_ppt 04 pptx
Shaw All
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F4
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F12
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4
8
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delete
{
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enter
D
н
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caps lock
shift
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F.
Transcribed Image Text:In the game of roulette, a player can place a $8 bet on the number 10 and have a 38 probability of winning. If the metal ball lands on 10, the player gets to keep the $8 paid to play the game and the player is awarded an additional $280. Otherwise, the player is awarded nothing and the casino takes the player's $8. Find the expected value E(x) to the player for one play of the game. If x is the gain to a player in a game of chance, then E(x) is usually negative. This value gives the average amount per game the player can expect to lose. The expected value is $. (Round to the nearest cent as needed.) Enter your answer in the answer box. les7e_ppt_04 pptx les7e_ppt 04 pptx Shaw All MacBook Air 20 F3 II F8 esc F4 F5 F6 F7 F9 F10 F11 F12 %23 & 4 8 9. delete { Q E tab enter D н return caps lock shift shift +II F.
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