Mathematics, 22.02.2021 07:50 Usman458
2) There are 38 numbers on an American roulette wheel, the numbers 1 through 36 plus 00 and 0. There
are 18 red numbers, 18 black numbers, and two green numbers. If you bet $10 that the ball lands on a
red number, you will win $10 if it does. Otherwise you lose. Suppose a certain casino has a rule that if
the ball lands on a black number you lose your entire $10 bet, but if the ball lands on a green number
you only lose half your bet, or $5. What is your expected value in playing this version of roulette?
Answers: 2
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2) There are 38 numbers on an American roulette wheel, the numbers 1 through 36 plus 00 and 0. There...
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