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Mathematics, 13.11.2019 18:31 Ancelingabaut

In a popular casino game, you can bet one whether a ball will fall in an arc on a wheel colored red, black, or green. say the probability of a red outcome is startfraction 18 over 38 endfraction 18 38, that of a black outcome is startfraction 18 over 38 endfraction 18 38, and that of a green outcome is startfraction 2 over 38 endfraction 2 38. suppose someone makes a $5050 bet on blackblack. find the expected net winnings for this single bet. interpret the result.

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