Find the expected value for his winnings

Description

New solution updates


Question

In Las Vegas the roulette wheel has a 0 and a 00 and then the numbers 1 to 36 marked on equal slots
the wheel is spun and a ball stops randomly in one slot. When a player bets 1 dollar on a number, he receives 36 dollars if the ball stops on this number, for a net gain of 35 dollars
otherwise, he loses his dollar bet. Find the expected value for his winnings. Feb 09 2012 10:59 AM

 

Solution ID:609256 | This paper was updated on 26-Nov-2015

Price : $24
SiteLock