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1 Question list K In the game of roulette, a player can place a $7 bet on the number 17 and have a - probability
1 Question list K In the game of roulette, a player can place a $7 bet on the number 17 and have a - probability of winning. If the metal ball lands on 17, the player gets to keep the $7 paid to play the game and the player is awarded $245. Otherwise, the player is awarded nothing and the casino takes the player's $7. What is the expected value of the game to the player? If you played the game 1000 times, how much would you expect to lose? O Question 1 The expected value is $. O Question 2 (Round to the nearest cent as needed.) The player would expect to lose about $ O Question 3 (Round to the nearest cent as needed.) O Question 4 O Question 5 Question 6 O Question 7 O Question 8
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