SOLUTION: In the game of roulette, a player can place a $5 bet on the number 17 and have a 1/38 probability of winning. If the metal ball lands on the 17, the player wins $175. Otherwise, th

SOLUTION: In the game of roulette, a player can place a $5 bet on the number 17 and have a 1/38 probability of winning. If the metal ball lands on the 17, the player wins $175. Otherwise, th

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Question 1126511: In the game of roulette, a player can place a $5 bet on the number 17 and have a 1/38 probability of winning. If the metal ball lands on the 17, the player wins $175. Otherwise, the casino takes the player's $5. What is the expected value of the game to the player?
Answer by greenestamps(13198) (Show Source): You can put this solution on YOUR website!
duplicate; answered
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