document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=437614>Question 437614</A>: <I><SPAN STYLE=\"word-break: break-all;\"> One of the wagers in the game of roulette is to place a bet that the ball will land on a black number. (Eighteen of the numbers are black, 18 are red, and two are green.) If the ball lands on a black number, the player wins the amount of his bet. If a player bets $2, find the player's expectation. (Round your answer to two decimal places.)\r<BR>\n" );
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document.write( "Please explain in steps  what you did  to get this answer </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #302738 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=302738\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> One of the wagers in the game of roulette is to place a bet that the ball will land on a black number. (Eighteen of the numbers are black, 18 are red, and two are green.) If the ball lands on a black number, the player wins the amount of his bet. If a player bets $2, find the player's expectation. (Round your answer to two decimal places.) <BR>\n" );
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document.write( "Random player gain numbers:::: 2,    -2<BR>\n" );
document.write( "Corresponding Probabilities: 18/38 , 20/38<BR>\n" );
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document.write( "E(x) = 2(18/38) - 2(20/38) = -4/38 = -0.1052 dollars or -10.52 cents\r<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
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