To simulate roulette on a graphing calculator, a random integer between -1 and 36 is selected (-1

Question:

To simulate roulette on a graphing calculator, a random integer between -1 and 36 is selected (-1 represents 00; see Problem 35). The command in Figure A simulates 200 games.

(A) Use the statistical plot in Figure B to determine the net gain or loss of placing a $1 bet on the number 13 in each of the 200 games.

(B) Compare the results of part (A) with the expected value of the game.

(C) Use a graphing calculator to simulate betting $1 on the number 7 in each of 500 games of roulette and compare the simulated and expected gains or losses.

NORMAL FLOAT AUTO REAL RADIAN MP 0 randInt (-1.36.200)L1 (7.16.29.19.17.27.25 8.5 (A) NORMAL FLOAT AUTO REAL


Data from Problem 35

Roulette wheels in Nevada generally have 38 equally spaced slots numbered 00, 0, 1, 2,c, 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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Related Book For  book-img-for-question

Finite Mathematics For Business Economics Life Sciences And Social Sciences

ISBN: 9780134862620

14th Edition

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

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