# Question: A roulette wheel has 38 numbers 1 through 36 0

A roulette wheel has 38 numbers, 1 through 36, 0, and 00. One-half of the numbers from 1 through 36 are red, and the other half are black; 0 and 00 are green. A ball is rolled, and it falls into one of the 38 slots, giving a number and a color. The payoffs (winnings) for a $1 bet are as follows:?

Red or black $1 0 $35

Odd or even $1 00 $35

1–18 $1 Any single number $35

9–36 $1 0 or 00 $17

If a person bets $1, find the expected value for each.

a. Red

b. Even

c. 00

d. Any single number

e. 0 or 00

Red or black $1 0 $35

Odd or even $1 00 $35

1–18 $1 Any single number $35

9–36 $1 0 or 00 $17

If a person bets $1, find the expected value for each.

a. Red

b. Even

c. 00

d. Any single number

e. 0 or 00

## Relevant Questions

The number of suits sold per day at a retail store is shown in the table, with the corresponding probabilities. Find the mean, variance, and standard deviation of the distribution. If the manager of the retail store wants to ...The probabilities that a player will get 5 to 10 questions right on a trivia quiz are shown below. Find the mean, variance, and standard deviation for the distribution. The percentage of couples where both parties are in the labor force is 52.1. Choose 5 couples at random. Find the probability that a. None of the couples have both persons working b. More than 3 of the couples have both ...Compute the probability of X successes, using the binomial formula. a. n = 6, X = 3, p = 0.03 b. n = 4, X = 2, p = 0.18 c. n = 5, X = 3, p = 0.63 d. n = 9, X = 0, p = 0.42 e. n = 10, X = 5, p = 0.37 A bookstore owner examines 5 books from each lot of 25 to check for missing pages. If he finds at least 2 books with missing pages, the entire lot is returned. If, indeed, there are 5 books with missing pages, find the ...Post your question