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Mathematics, 08.12.2020 18:00 baptistatm51976
Roulette is a casino game that involves players betting on where a ball will land on a spinning wheel. An American roulette wheel has 38 numbered slots — half of the slots from 1 to 36 are red and the other half are black. Slots 000 and 000000 are both green. Suppose that a player bets \$1 on the color red. If the ball lands in a red slot, the player gets their initial \$1 back plus a payout of \$1 If the ball doesn't land in a red slot, they lose their \$1 bet. Let X=the player's net gain from a \$1bet on a the color red. Here is the probability distribution of X: Win Lose \$1$-\$1−$1minus, dollar sign, 1 P(X), , 18, divided by, 38, 20, divided by, 38, end fraction Calculate the mean of X. You may round your answer to the nearest thousandth. E(X)= equals dollars
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