The roulette wheel has 38 compartments of which 18 are red

Reference no: EM13608605

The roulette wheel has 38 compartments, of which 18 are red, 18 are black, and two are green. As the wheel is spun, a small metal ball bounces around until it settles in one of the compart- ments. If you bet 1 dollar on red at roulette. Your dollar will be returned to you along with one more dollar if red comes up. otherwise you will lose that dollar.

(a) Write down the probability distribution table for your return.

(b) Find your expected return.

Reference no: EM13608605

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