subject
Mathematics, 27.07.2021 07:30 mailani12503

WFind the expected winnings value of a bet of $456 where the casino has set the odds at 1 to 3 (You have to bet $3 to win $1 extra dollars) that the roulette outcome has no three in it. (the actual odds are 14 to 5, but the casino wants a more favorable expected value than zero dollars) E(Winnings of the gambler of $ 456 on a bet that there is no 3 in the roulette number)= 456(1/3)P(win) - 456(P(lose))

=$
- $
= - $8.00 also known as a $8.00 expected loss. hich expression is equivalent to if no denominator equals zero?

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 19:30, thebasedgodchri
Boris needs to buy plastic spoons. brand a has a box 42 spoons for $2.37. brand b has a box of 72 spoons for $3.57. find the unit price for each brand. then state which brand is the better buy based on the unit price. round your answer to the nearest cent.
Answers: 1
image
Mathematics, 21.06.2019 21:00, alexkrol10
Describe how making an ‘and’ compound sentence effects your solution set
Answers: 1
image
Mathematics, 21.06.2019 21:50, rubieceleste548
Rachel is studying the population of a particular bird species in a national park. she observes every 10th bird of that species that she can find in the park. her conclusion is that the birds living in the park who belong to that species generally feed on insects. rachel's sample is . based on the sample she picked, rachel's generalization is . reset next
Answers: 1
image
Mathematics, 21.06.2019 22:30, hinacat87
21 a stick 7 inches long is broken into two pieces, so that one piece is twice as long as the other one. how long are the two pieces?
Answers: 1
You know the right answer?
WFind the expected winnings value of a bet of $456 where the casino has set the odds at 1 to 3 (You...

Questions in other subjects:

Konu
Mathematics, 03.02.2021 23:20
Konu
Mathematics, 03.02.2021 23:20