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Mathematics, 24.12.2019 00:31 GoldenToad7449

In the game of roulette, a wheel is spun and you place bets on where it will stop. one popular bet is that it will stop on a red slot; such a bet has an 18/38 chance of winning. if it stops onred, you double the money you bet. if not, you lose the money you bet. suppose you play 3 times, eachtime with a $1 bet. let y represent the total amount won or lost. write a probability model for y?

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In the game of roulette, a wheel is spun and you place bets on where it will stop. one popular bet i...
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