subject
Mathematics, 19.11.2019 01:31 kimseokjin92

The game of european roulette involves spinning a wheel with 37 slots: 18 red,18 black, and 1 green. a ball is spun onto the wheel and will eventually land in a slot, where each slot hasan equal chance of capturing the ball. gamblers can place bets on red or black. if the ball lands on theircolor, they double their money. if it lands on another color, they lose their money.(a) suppose you play roulette and bet$3 on a single round. what is the expected value and standarddeviation of your total winnings? (b) suppose you bet$1 in three different rounds. what is the expected value and standard deviation ofyour total winnings? (c) how do your answers to parts (a) and (b) compare? what does this say about the riskiness of the twogames?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 17:00
Marlow is comparing the prices of two trucks rental compaines company a charges $3 per hour and an addtional $75 as serivce charges company b charges $2 per hour and an additional $85 as serivce charges
Answers: 1
question
Mathematics, 22.06.2019 00:50
After reading 80% of her e-mails in her inbox, danette still has m unread e-mails. which of the following expressions could represent the number of e-mails danette had in her inbox before she started reading? choose 2 answers: (choice a) 5m (choice b) 1.8m (choice c) 80m (choice d) m/0.8 (choice e) m/1−0.8
Answers: 1
question
Mathematics, 22.06.2019 02:40
Which situation is an example of an observational study?
Answers: 3
question
Mathematics, 22.06.2019 04:30
Fran has 7 sheets of paper for a coloring project. if she only uses 1/3of a sheet of paper per draing how many drawings can ahe make?
Answers: 1
You know the right answer?
The game of european roulette involves spinning a wheel with 37 slots: 18 red,18 black, and 1 green...
Questions
question
English, 22.04.2021 01:10
question
Mathematics, 22.04.2021 01:10
question
French, 22.04.2021 01:10
question
Mathematics, 22.04.2021 01:10
question
Mathematics, 22.04.2021 01:10
Questions on the website: 13722367