Roulette. A roulette wheel has 38 slots. One slot is 0, another is 00, and the others are numbered 1 through 36, respectively. When you bet that the outcome is a 00. the payoff odds are 35:1. How much profit do you make if you bet $28 and win?

Q: Suppose that you and a friend are playing cards and decide to make a bet. If your friend draws two…

A: There are 52 cards in the standard deck of cards. There are 13 spade cards in the standard deck of…

Q: in a school survey 35% of students rode the bus to school. what are the odds of a student riding the…

A:

Q: Which do you choose? Get $900 for sure OR 90% chance to get $1,000

A:

Q: At a local fair, a raffle is being held. There were 1,067 tickets were sold for $10 each. There is…

A:

Q: What are the odds of winning a raffle where 50 tickets were sold for a single $40 prize?

A: Solution

Q: Rafael is at the grand opening celebration of a supermarket. He spins a wheel with 10 equal-sized…

A:

Q: How much profit should you make on a $14 bet if the payoff odds are

A: Let x be the profit.  The profit is obtained by multiplying bet amount with payoffs odd.  That is,…

Q: e costs 20$ to buy in. You have a 20% chance to win 100 dollars, 30% chance to break even, 25%…

A: Break even mean that there is no profit no loss that is one get the amount equal to the cost. There…

Q: 4. That odds against winning in craps are 507 to 493. What is your expected return on a $20.00…

A: The odds against winning in craps are 507 to 493.

Q: A modified roulette wheel has 40 slots. One slot is​ 0, another is​ 00, and the others are numbered…

A: GivenTotal number of even numbers in roulette = 19Total number of odd numbers in roulette = 19total…

Q: Melissa won a charity raffle. Her prize will be randomly selected from the 9 prizes shown below. The…

A: Given data  Melissa won a charity raffle. Her prize will be randomly selected from 9 prizes. The…

Q: If the odds on a bet are 34:1 against, what is the probability of winning? Express your answer as a…

A: From the provided information,The odds on a bet are 34:1 against.

Q: Which do you choose? Lose $900 for sure OR 90% chance to lose $1,000

A:

Q: Hadey is running a game of chance to raise money for a trip to Jamaica to visit his grandparents. A…

A: Introduction: Denote p1, p2, p3, p4, p5, and p6 as the respective true proportions of obtaining the…

Q: There are nine horses in the Kentucky Derby. a. To make a trifecta bet, you need the top 3 finishers…

A: There are nine horses in the Kentucky Derby.

Q: At Monday night Bingo, there is also a raffle being held for a 55-inch flat-screen television. If…

A: Solution-: Given: 120 tickets are purchased out of 1400 tickets We want to find what are the odds in…

Q: how to find the odds against winning in the game roulette if you picked the number 7?

A: Note:It is assumed that in the game of roulette, there is a wheel with spaces marked through 0 to 36…

Q: One card is randomly selected from a deck of cards. Find the odds against drawing a seven

A: Since we know that A deck contain 52 cards Number of seven cards = 4 Number of non-seven card = 52 -…

Q: Grandmother Jones likes to knit. She has 23 different colors of thick yarn and 35 different colors…

A: Solution

Q: Describe the difference between odds and probability. Give an example of each to support your answer…

A: Here we have to describe the difference between odds and probability. Give an example of each to…

Q: You randomly select one card from a​ 52-card deck. Find the probability of selecting the king of…

A: It is known that Number of cards in a deck = 52 Number of king of diamonds = 1 Number of two of…

Q: How many outcomes are possible when you roll 3 dice?

A: Here, we need to find out the total possible outcomes to roll 3 dice.

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: There are 700 tickets, where price of each ticket is $6.

Q: Elizabeth's school is selling 100 raffle-tickets to raise money for a new gymnasium. The grand-prize…

A: Probability values can't be negative. It takes the values between 0 to 1. If the probability value…

Q: In the game "Rolling for Rubles", you win $1 for rolling a 1, $2 for a 2 and so on till $6 for…

A: It is given that, We are rolling a Rubbles. The probability of getting the each number is 1/6 The…

Q: If you draw a random card from a standard deck of 52 cards, what are the odds of drawing a jack?…

A: Given data: The total numbers of cards are n=52. The numbers of jacks in the playing deck of the…

Q: How much must you bet on a four-number square to win at least $600? (Bets must be in $1 increments.)…

A: See the handwritten solution

Q: There are 50 tickets sold for a raffle for a Student Art Auction, and there is one prize to be…

A:

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.