Answer:
-$2.63
Step-by-step explanation:
Calculation for the expected profit for one spin of the roulette wheel with this bet
Based on the information given you bet $50 on 00 while the standard roulette has 38 possible outcomes which means that the probability or likelihood of getting 00 will be 1/38.
Therefore when we get an 00, we would get the amount of $1,750 with a probability of 1/38 and in a situation where were we get something other than 00 this means we would lose $50 with a probability of 37/38.
Now let find the Expected profit using this formula
Expected profit = sum(probability*value) -sum(probability*value)
Let plug in the formula
Expected profit =($1,750 * 1/38) - ($50 * 37/38)
Expected profit=($1,750*0.026315)-($50×0.973684)
Expected profit= 46.05 - 48.68
Expected profit = - $2.63
Therefore the expected profit for one spin of the roulette wheel with this bet will be -$2.63
Answer:
there that should help
Step-by-step explanation:
Ok so first we find the equation that equals one variable.
2y = -x + 9
3x - 6y = -15
We solve for y.
2y = -x + 9
y = -x/2 + 9/2
Then we plug in this y value into the other equation to keep only one variable so we can solve for it.
3x - 6y = -15
3(-x + 9/2) - 6y = -15
-3x + 27/2 - 6y = -15
-9y + 27/2 = -15
-9y = 3/2
-y = 3/18
y = -3/18
Then we plug in this numerical y-value into the first equation which we found out by solving an equation for y.
y = -x/2 + 9/2
-3/18 = -x/2 + 9/2
-84/18 = -x/2
-x = 9 1/3
x = -28/3
Your answer would be (-28/3, -3/18)
Hope this helps!
