1 the game of roulette, a player can place a $7 bet on the number 23 and have a probability of winning. If the metal ball lands on 23, the player gets to keep the $7 paid to play the game and the -layer is awarded an additional $245. Otherwise, the player is awarded nothing and the casino takes the player's $7. What is the expected value of the game to the player? If you played the game 000 times, how much would you expect to lose? The expected value is $ (Round to the nearest cent as needed.) The player would expect to lose about $ (Round to the nearest cent as needed.)
1 the game of roulette, a player can place a $7 bet on the number 23 and have a probability of winning. If the metal ball lands on 23, the player gets to keep the $7 paid to play the game and the -layer is awarded an additional $245. Otherwise, the player is awarded nothing and the casino takes the player's $7. What is the expected value of the game to the player? If you played the game 000 times, how much would you expect to lose? The expected value is $ (Round to the nearest cent as needed.) The player would expect to lose about $ (Round to the nearest cent as needed.)
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
Problem 15CR
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