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Mathematics, 22.02.2020 00:55, momosoccer2545
In the casino game of roulette, a gambler can bet on which of 38 numbers the ball will land when the roulette wheel is spun. On a $2 bet, a gambler gains $70 (so a net profit of $68) if he or she chooses the winning number, but loses the $2 otherwise. The probability of choosing the winning number is 1/38 and the probability of not choosing the winning number is 37/38. Let X denote the net gain from a roulette spin. What is the expected winnings for one spin?
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In the casino game of roulette, a gambler can bet on which of 38 numbers the ball will land when the...
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