Mathematics, 29.07.2019 13:00 reneebrown017

In the game of roulette, a player can place a $5 bet on the number 11 and have a startfraction 1 over 38 endfraction probability of winning. if the metal ball lands on 11, the player gets to keep the $5 paid to play the game and the player is awarded an additional $175. otherwise, the player is awarded nothing and the casino takes the player's $5. 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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In the game of roulette, a player can place a $5 bet on the number 11 and have a startfraction 1 ove...