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redwingsbutterfly redwingsbutterfly
  • 29-05-2024
  • Mathematics
Answered

In the game of​ roulette, a player can place a ​$9 bet on the number 24 and have a StartFraction 1 Over 38 EndFraction probability of winning. If the metal ball lands on 24​, the player gets to keep the ​$9 paid to play the game and the player is awarded an additional ​$315. ​ Otherwise, the player is awarded nothing and the casino takes the​ player's ​$9. What is the expected value of the game to the​ player

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