Roulette wheels in Nevada generally have 38 equally spaced slots numbered 00 , 0 , 1 , 2. . . , 36 . A player who bets $1 on any given number wins $35 (and gets the bet back) if the ball comes to rest on the chosen number; otherwise, the $1 bet is lost. What is the expected value of this game?
Roulette wheels in Nevada generally have 38 equally spaced slots numbered 00 , 0 , 1 , 2. . . , 36 . A player who bets $1 on any given number wins $35 (and gets the bet back) if the ball comes to rest on the chosen number; otherwise, the $1 bet is lost. What is the expected value of this game?
Solution Summary: The author calculates the expected value of game of Roulette wheel having slot numbered 00,0,1,2,cdots,36 in which each number is equally spaced.
Roulette wheels in Nevada generally have
38
equally spaced slots numbered
00
,
0
,
1
,
2.
.
. ,
36
. A player who bets
$1
on any given number wins
$35
(and gets the bet back) if the ball comes to rest on the chosen number; otherwise, the
$1
bet is lost. What is the expected value of this game?
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