Question #32690
Consider the following scenario.
the three-number bet
(a) Find the expected value of each $1 bet in roulette. (Round your answer to three decimal places.)
dollars
(b) Use the Law of Large Numbers to interpret it. (Round your answer to one decimal place.)
Over time, you should expect to lose about cents for every dollar you bet.
the three-number bet
(a) Find the expected value of each $1 bet in roulette. (Round your answer to three decimal places.)
dollars
(b) Use the Law of Large Numbers to interpret it. (Round your answer to one decimal place.)
Over time, you should expect to lose about cents for every dollar you bet.
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#340153 on Dec 2023
#340153 on Dec 2023
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