At a roulette table in Las Vegas, the probability of the ball landing on the color RED
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Question:
At a roulette table in Las Vegas, the probability of the ball landing on the color RED is 0.474. To play the game, you pay the dealer $5. If the ball lands on the color red, then you will win and be paid $10. If the ball does not land on the color red, then you lose and you will be paid nothing. If you play the game a large number of times, what is the expected amount of money you will make? Interpret your answer to see if it is worth it to play the game. (HINT: create a probability distribution table)
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