SophiaPretty

(5)

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About SophiaPretty

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Elementary,Middle School,High School,College,University,PHD

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Economics,Engineering,English,Environmental science,Essay writing Hide all
Teaching Since: Jul 2017
Last Sign in: 304 Weeks Ago, 1 Day Ago
Questions Answered: 15833
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Education

  • MBA,PHD, Juris Doctor
    Strayer,Devery,Harvard University
    Mar-1995 - Mar-2002

Experience

  • Manager Planning
    WalMart
    Mar-2001 - Feb-2009

Category > Statistics Posted 15 Aug 2017 My Price 6.00

In the game of​ roulette, a player can place a ​$6 bet on the number 18 and have a 1/38 probability of winning.

In the game of​ roulette, a player can place a ​$6 bet on the number 18 and have a 1/38 probability of winning. If the metal ball lands on 18​, the player gets to keep the ​$6 paid to play the game and the player is awarded an additional ​$210. ​Otherwise, the player is awarded nothing and the casino takes the​ player's ​$6. 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? Note that the expected value is the​ amount, on​ average, one would expect to gain or lose each game.

Answers

SophiaPretty
(5)
Status NEW Posted 15 Aug 2017 07:08 AM My Price 6.00

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