khanaamnaa539
khanaamnaa539
19.02.2021 • 
Mathematics

In the game of​ roulette, a player can place a ​$10 bet on the number 22 and have a 1/38 probability of winning. If the metal ball lands on 22 ​, the player gets to keep the ​$10 paid to play the game and the player is awarded an additional ​$350. ​ Otherwise, the player is awarded nothing and the casino takes the​ player's ​$10. What is the expected value of the game to the​ player? If you played the game 1000​ times, how much would you expect to​ lose?

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