In the game of roulette, a player can place a $6 bet on the number 30 and have a 138 probability of winning. If the metal ball lands on 30, the player gets to keep the $6 paid to play the game and the player is awarded an additional $210. Otherwise, the player is awarded nothing and the casino takes the player's $6. 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 $enter your response here. (Round to the nearest cent as needed.)
In the game of roulette, a player can place a $6 bet on the number 30 and have a 138 probability of winning. If the metal ball lands on 30, the player gets to keep the $6 paid to play the game and the player is awarded an additional $210. Otherwise, the player is awarded nothing and the casino takes the player's $6. 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 $enter your response here. (Round to the nearest cent as needed.)
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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In the game of roulette, a player can place a
probability of winning. If the metal ball lands on
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.
$6
bet on the number
30
and have a
138
30,
the player gets to keep the
$6
paid to play the game and the player is awarded an additional
$210.
Otherwise, the player is awarded nothing and the casino takes the player's
$6.
Find the The expected value is
$enter your response here.
(Round to the nearest cent as needed.)
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