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Business, 15.11.2019 00:31 robert7248

In the game of roulette, a player can place a $9 bet on the number 24 and have a startfraction 1 over 38 endfraction probability of winning. if the metal ball lands on 24, the player gets to keep the $9 paid to play the game and the player is awarded an additional $315. otherwise, the player is awarded nothing and the casino takes the player's $9. what is the expected value of the game to the player

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