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One option in a roulette game is to bet $16 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 ke $16 you paid to play the game and you are awarded $16. If the ball lands elsewhere, you are awarded nothing and the $16 that you bet is collected. Find the expected payback for this roulette game if y $16 on red The expected payback is $ (Round to the nearest cent as needed.)

One option in a roulette game is to bet $16 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 ke $16 you paid to play the game and you are awarded $16. If the ball lands elsewhere, you are awarded nothing and the $16 that you bet is collected. Find the expected payback for this roulette game if y $16 on red The expected payback is $ (Round to the nearest cent as needed.)

Calculus For The Life Sciences
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter12: Probability
Section12.CR: Chapter 12 Review
Problem 92CR
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One option in a roulette game is to bet $16 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 $16 you paid to play the game and you are awarded $16. If the ball lands elsewhere, you are awarded nothing and the $16 that you bet is collected. Find the expected payback for this roulette game if you bet $16 on red. The expected payback is $ (Round to the nearest cent as needed.) example Get more help. ▬▬ O Search O 0 Clear all Check answer 2:19 PM 12/15/2022
Transcribed Image Text:One option in a roulette game is to bet $16 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 $16 you paid to play the game and you are awarded $16. If the ball lands elsewhere, you are awarded nothing and the $16 that you bet is collected. Find the expected payback for this roulette game if you bet $16 on red. The expected payback is $ (Round to the nearest cent as needed.) example Get more help. ▬▬ O Search O 0 Clear all Check answer 2:19 PM 12/15/2022
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