lette is to bet $2 on red. (there are 18 red compartments, 18 black compartments, and two compartments that are neither red nor black.) If the ball lands on red, you get to keep the $2 you paid the game and you are awarded $2. If the ball lands eleswhere, you are awarded nothing and the $2 that you bet is collected. What is the expected value for playing roulette
lette is to bet $2 on red. (there are 18 red compartments, 18 black compartments, and two compartments that are neither red nor black.) If the ball lands on red, you get to keep the $2 you paid the game and you are awarded $2. If the ball lands eleswhere, you are awarded nothing and the $2 that you bet is collected. What is the expected value for playing roulette
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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One option in a roulette is to bet $2 on red. (there are 18 red compartments, 18 black compartments, and two compartments that are neither red nor black.) If the ball lands on red, you get to keep the $2 you paid the game and you are awarded $2. If the ball lands eleswhere, you are awarded nothing and the $2 that you bet is collected. What is the expected value for playing roulette if you bet $2 on red?
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