Mathematics, 21.04.2020 06:59 irene003

Consider the following scenario.
the three-number bet
(a) Find the expected value of each $1 bet in roulette. (Round your answer to three decimal places.)
0.05
dollars
(b) Interpret it. (Round your answer to one decimal place.)
Over time, you should expect to lose about
cents for every dollar you bet.

Answers: 2

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Consider the following scenario.the three-number bet(a) Find the expected value of each $1 bet in roulette. (Round your answer to three decimal places.)0.05dollars(b) Interpret it. (Round your answer to one decimal place.)Over time, you should expect to lose aboutcents for every dollar you bet.

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