Mathematics, 03.12.2021 22:50 haydjanggg6578
QUESTION 7
A gambler who keeps placing $1 bets on roulette will after a very large number of bets, find that his average winnings per bet are close to $0.94.
The statistical term for the number $0.94 for this bet is:
A. the probability of winning.
B. the bias
C. the expected value.
D. the odds of winning.
E. a random outcome.
Answers: 1
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QUESTION 7
A gambler who keeps placing $1 bets on roulette will after a very large number of bets,...
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