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Skizzle234 Skizzle234
wrote...
Posts: 483
Rep: 9 0
4 years ago
Provide an appropriate response.

In the American version of the Game Roulette, a wheel has 18 black slots, 8 red slots and 2 green slots.  All slots are the same size.  In a carnival game, a person wagers $2 on the roll of two dice.  A person can wager on either red or black.  Green is reserved for the house.  If a player wagers $5 on either red or black and that color comes up, they win $10 otherwise they lose their wager.  What is the expected value of playing the game once?

▸ -$0.26

▸ $0.50

▸ $0.26

▸ -$0.50
Textbook 
Statistics: Informed Decisions Using Data

Statistics: Informed Decisions Using Data


Edition: 5th
Author:
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NashuaNashua
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Posts: 380
4 years ago
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Skizzle234 Author
wrote...

4 years ago
Smart ... Thanks!
wrote...

Yesterday
Thank you, thank you, thank you!
wrote...

2 hours ago
Thanks
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