When playing roulette at a casinc' a gambler is trying to decide whether to bet $20 on the number 29 or to bet $20 that the outcome is any one of the three possibilities 00, 0, or t. The gambler knows that the expected value of the $20 bet for a Single number is $210. For the $20 bet that the outcome is 00. 0, or 1' 3 35 there is a probability of E of making a net profit of $80 and a 38 probability of losing $20 a. Find the expected value for the $20 bet that the outcome is 00. 0, or 1' b. Which bet is better: a $20 bet on the number 29 or a $20 bet that the outcome is any one of the numbers 00. 0, or 1? Why? a. The expected value is SD. (Round to the nearest cent as needed)