In roulette, you may bet whether the number that comes up is odd (or even). (remember that 0 does not count as either odd or even.) the wager pays even money, that is, if you win, you get whatever you bet, and if you lose, you lose that same amount. what is your expected value for this bet if you bet $1?

Expected value for this bet if you bet $1 is 0.97$.

Step-by-step explanation:

There are 37 numbers (including 0) on the roulette wheel. To find the expected value of betting 1$ to odd or even number, we need to multiply the number of event with what you will earn and divide it the total number of event.

Expected value for this bet is 0.97$

step-by-step explanation:

let

we know that

the y-intercept is the y-coordinate of the point when the value of x is equal to zero

so

the y-coordinate of the point a is the y-intercept

the answer part a) is

the value of y-intercept is

part b) find the slope m

we know that

the value of the slope is equal to

substitute the values

therefore

the answer part b) is

the value of the slope is equal to

the general answer is

the slope is

the value of y-intercept is

the answers are in the images, i received 100% on this assignment. hope this !