There are 38 numbers in the game of roulette. They are 00, 0, 1, 2, . .

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There are 38 numbers in the game of roulette. They are 00, 0, 1, 2, . . ., 36. Each number has an equal chance of being selected. In the game, the winning number is found by a spin of the wheel. Say a gambler bets $1 on the number 35 three times.

(a) What is the probability that the gambler will win the second bet?

(b) What is the probability that the gambler will win two of the three bets?

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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Question Posted: Feb 10, 2024 12:57 PM

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There are 38 numbers in the game of roulette. They are 00, 0, 1, 2, . .

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a The probability that the gambler will win the second bet In roulette each spin of the wheel is a s...View the full answer

Statistics For Business And Financial Economics

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