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Compute the player expectation

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Reference no: EM132907162

One of the wagers in roulette is to bet that the ball will stop on a number that is a multiple of 3. (Both 0 and 00 are not included.) If the ball stops on such a number, the player wins double the amount bet. If a player bets $2, compute the player's expectation. (Round your answer to two decimal places.)

Reference no: EM132907162

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