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Mathematics, 29.06.2019 13:30 kkeith121p6ujlt

Nthe game of roulette, a player can place a $8 bet on the number 32 and have a startfraction 1 over 38 endfraction probability of winning. if the metal ball lands on 32, 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?

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Nthe game of roulette, a player can place a $8 bet on the number 32 and have a startfraction 1 over...

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