Compute the probability mass function for x compute the

Reference no: EM13611585

A Las Vegas roulette wheel contains 38 numbers: 1-36, plus 0 and 00. The numbers 0 and 00 are colored green. The odd numbers from 1-36 are colored red and the even numbers from 1-36 are colored black. One betting option is to bet on "black." If you bet a dollar on black and the roulette ball lands on black, you get your dollar back and the house pays you an additional dollar. If you bet a dollar on black and the ball lands on red or green, then you will lose your dollar. Let X be the random variable indicating the amount of money you will win if you bet $1 on black. Use positive numbers for money you win and negative numbers for money you lose.

(a) Compute the probability mass function for X.

(b) Compute the expected value E(X).

Reference no: EM13611585

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