document.write( "Question 1126510: 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? \n" ); document.write( "
Algebra.Com's Answer #742843 by greenestamps(13200)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "(1/38)*$175 + (37/38)*(-$5) = ($175-$185)/38 = -$10/38 \n" ); document.write( "or about negative 26.3 cents \n" ); document.write( " |