Answer:
Check the explanation
Step-by-step explanation:
let the money on bet is X.
probability of winning =18/38=9/19
probability of losing =(1-9/19)=10/19
expected outcome =
probability *return =(
Expected value of return after one bet is =(9/19*x)-(10/19*x)=-1x/19
it is negative which is obvious cause casinos are there to earn money.
a) Our best strategy in this case as probability of winning is near by 50 %, we should place a bet of 1 $ each,and when we lose one bet consecutively we should bet twice the amount..
Cause two consecutive losses on black has less probability.
c) In case we have to reach 30 $ we have to use the same strategy as above.
You have to multiply the original price by 1/3 and then multiplying it by 2:
y=1/3x(2)
y=1/3(28.5)(2)
y=9.50(2)
y=19
$19.5
This is 2/3 of the original price (1/3 off).
Hope I helped...
a) 1,000 + 0 + 40 + 9
b) 40,000 + 3,000 + 800 + 70 + 0
c) 8,000,000 + 100,000 + 5
Answer:
Slope = 2 Y-Intercept = (0, 3)
Step-by-step explanation:
Slope : 
which is 
from two points: point1 (x1 , y1) and point2 (x2, y2).
For the purpose of getting the slope I will be using point (0, 3) as point 1
and point (-3, -3) as point 2.
If you plug in 0 as x1, 3 as y2, -3 for x2, and -3 for y2:
= 
= 2
Y-Intercept: The y intercept is the point where the line is touching the y axis. Which in this graph, there is only point (0,3).
