Roulette wheels in Nevada generally have 38 equally spaced slots numbered 00, 0, 1, 2, . .

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Roulette wheels in Nevada generally have 38 equally spaced slots numbered 00, 0, 1, 2, . . . ,  36. A player who bets $1 on any given number wins $35 (and gets the bet back) if the ball comes to rest on the chosen number; otherwise, the $1 bet is lost. What is the expected value of this game?

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College Mathematics For Business Economics, Life Sciences, And Social Sciences

ISBN: 978-0134674148

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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