Question
In the game ofroulette, a player can place a $ 10 10 bet on the number 36 36 and have a StartFraction 1 Over 38
In the game ofroulette, a player can place a $10
10 bet on the number 36
36 and have a StartFraction 1 Over 38 EndFraction
138 probability of winning. If the metal ball lands on 36
36, the player gets to keep the $10
10 paid to play the game and the player is awarded an additional $350
350. Otherwise, the player is awarded nothing and the casino takes theplayer's $10
10. Find the expected valueE(x) to the player for one play of the game. If x is the gain to a player in a game ofchance, thenE(x) is usually negative. This value gives the average amount per game the player can expect to lose.
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