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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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