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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 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?
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?
if you played the game1000 times,areexpected to lose.Probability ofwinningif out of total,game has been won, so rest have been lost,soProbability oflosingHence Expected of the game to the playerA)The expected value is(islosing)B)if youplayedthe gametimes,so it will beLearn more about Probability here;brainly.com/question/11234923?referrer=searchResults...
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