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What is the? doctors expected? value is

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A group of patients select from among 100? numbers, with 49 odd numbers? (black) and 49 even numbers? (red), as well as 0 and 00? (which are? green). If a doctor pays $33 that the outcome is an odd? number, the probability of losing the $33 is 51/100 and the probability of winning $66 ?(for a net gain of only $33?, given you already paid $33?) is 49/100.

If a doctor pays $33 that the outcome is an odd? number, how would you figure out what is the? doctors expected? value is?

Reference no: EM132483330

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