A roulette wheel has slots numbered 1 to 36 and two labeled

Assignment Help Basic Statistics

Reference no: EM13604730

A roulette wheel has slots numbered 1 to 36 and two labeled with 0 and 00. Suppose that all 38 outcomes have equal probabilities. Compute the expected values of the following bets. In each case you bet one dollar and when you win you get your dollar back in addition to your winnings.

a) You win $1 if one of the numbers 1 through 18 comes up

b) You win $2 if the number that comes up is divisible by 3 (0 and 00 do not count)

c) You win $35 if the number 7 comes up.

Reference no: EM13604730

Questions Cloud

A group of researchers studied the effect of global : a group of researchers studied the effect of global environmental change on grazing lands. their article reported the

Jennifer wyatt and megan truett formed a partnership : jennifer wyatt and megan truett formed a partnership investing 330000 and 110000 respectively.determine their

A 50 micro c charge experiences a 045- n force in the : a 5.0 micro c charge experiences a 0.45- n force in the positive direction. if this charge is replaced with a -2.7

If a company makes product donations to the school : if a company makes product donations to the school computers for instance- then the image of a company goes up as

A roulette wheel has slots numbered 1 to 36 and two labeled : a roulette wheel has slots numbered 1 to 36 and two labeled with 0 and 00. suppose that all 38 outcomes have equal

Determine the change in temperature the change in internal : a piston cylinder system containing 0.5 kg of air is compressed from a volume of 0.35 m3 to a volume of 0.1 m3. if the

Provide first the approximate conservative 95 margin of : 1 the distribution of diastolic blood pressure bp for adults in the u.s. has a mean of 80 mmhg millimeteres of mercury

The following steps are taken a and b are connected by a : three identical conducting spheres form an equilateral triangle of side length d 17.5 cm. the sphere radii are much

A man and his wife decide that they will keep having : a man and his wife decide that they will keep having children until they have one of each sex. ignoring the possibility

User Account

All Pages