In the game of roulette, a player can place a $

4 bet on the number

30 and have a

1

38

probability of winning. If the metal ball lands on

30, the player gets to keep the $

4 paid to play the game and the player is awarded $

140. Otherwise, the player is awarded nothing and the casino takes the player's $

4. 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?

Question content area bottomPart 1

The expected value is $

enter your response here

.

(Round to the nearest cent as needed.)

The player would expect to lose about $

enter your response here

.

(Round to the nearest cent as needed.)