Suppose you bet $30 on the number 12 in roulette. Should you win, you would win $125.
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Question:
Suppose you bet $30 on the number 12 in roulette. Should you win, you would win $125. Find the expected value if you bet $30 on the number 12 in roulette. Round your final answer to the nearest cent.
Related Book For
An Introduction to the Mathematics of financial Derivatives
ISBN: 978-0123846822
2nd Edition
Authors: Salih N. Neftci
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