Mathematics, 28.11.2020 01:00 2021danaejalang
In the game of roulette, a player can place a $6 bet on the number 13 and have a 1/38 probability of winning. If the metal
ball lands on 13, the player gets to keep the $6 paid to play the game and the player is awarded an additional $210. Otherwise, the player is awarded nothing and the casino takes the player's $6. Find the expected value E(x) to the player for one play of the game. If x is the gain to a player in a game of chance, then E(X) is usually negative. This value gives the
average amount per game the player can expect to lose.
The expected value is $
(Round to the nearest cent as needed.)
Answers: 1
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