Mathematics, 03.10.2019 01:30 DroctorWellsfan
In the game of roulette, a player can place a $8 bet on the number 33 and have a 1/38 probability of winning. if the metal ball lands on 33, the player gets to keep the $8 paid to play the game and the player is awarded an additional $280. otherwise, the player is awarded nothing and the casino takes the player's $8. what is the expected value of the game to the player? if you played the game 1000 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.
Answers: 1
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