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A game In the Casino qives a player a 2 in 5 chance of winning. If a player bets ten dollars and the player wins,
A game In the Casino qives a player a 2 in 5 chance of winning. If a player bets ten dollars and the player wins, the player wins $12. If they lose, they lose the ten dollars. (a) (5 points) What is the Casino's expected net gain if 100 games were plaved? Also. find the standard error. (b) (5 points) What's the chance, in percent, that the Casino win at least $100 if 100 games are played
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