E Test: POST UNIT 4 Test CH 6 & 7

Test: POST UNIT 4 Test CH 6 & 7 This test: 13 point(s) possible Question 3 of 13 This quesbon: 1 point(s) possible Submit test In the game of roulette, a player can place a SIO bet on the number 16 and have a probability of winning. Ifthe metal ball lands on 16, the player gets to keep the SIO paid to play the game and the player is 38 awarded S350. Otherwise, the player is awarded nothing and the casino takes the player's $10. What is the expected value ofthe game to the player? Ifyou played the game 1000 times, how much would you expect to lose? The expected value is (Round to the nearest cent as needed.) The player would expect to lose about (Round to the nearest cent as needed.)