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One option in a roulette game is to bet $19 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 $19 you paid to play the game and you are awarded $19. If the ball lands elsewhere, you are awarded nothing and the $19 that you bet is collected. Find the expected payback for this roulette game if you bet $19 on red. The expected payback is $ (Round to the nearest cent as needed.)

One option in a roulette game is to bet $19 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 $19 you paid to play the game and you are awarded $19. If the ball lands elsewhere, you are awarded nothing and the $19 that you bet is collected. Find the expected payback for this roulette game if you bet $19 on red. The expected payback is $ (Round to the nearest cent as needed.)

A First Course in Probability (10th Edition)
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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8.5 Q10) Hey! Need help solving this question, it states to round to the nearest whole cent. Thank you!
One option in a roulette game is to bet $19 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 $19 you paid to play the game and you are awarded $19. If the ball lands elsewhere, you are awarded nothing and the $19 that you bet is collected. Find the expected payback for this roulette game if you bet $19 on red. The expected payback is $ (Round to the nearest cent as needed.)
Transcribed Image Text:One option in a roulette game is to bet $19 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 $19 you paid to play the game and you are awarded $19. If the ball lands elsewhere, you are awarded nothing and the $19 that you bet is collected. Find the expected payback for this roulette game if you bet $19 on red. The expected payback is $ (Round to the nearest cent as needed.)
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