Mathematics, 27.11.2019 01:31 Isabe11a

In roulette, the numbers from 1 to 36 are evenly distributed between red and black. a player who bets $1 on black wins $1 (and gets the $1 bet back) if the ball comes to rest on black; otherwise (if the ball lands on red, 0, or 00), the $1 bet is lost. one option in a roulette game is to bet $ 17 on red. if the ball lands on red, you get to keep the $ 17 you paid to play the game, and you are awarded $18. if the ball lands elsewhere, you are awarded nothing, and the $ 17 that you bet is collected. what is the expected value of the game?

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In roulette, the numbers from 1 to 36 are evenly distributed between red and black. a player who bet...

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