1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dangina [55]
3 years ago
7

When playing roulette at a​ casino, a gambler is trying to decide whether to bet $5 on the number 25 or to bet $5 that the outco

me is any one of the three possibilities, 00, 0, or 1. The gambler knows that the expected value of the $5 bet for a single number is -53 cents. For the $5 bet that the outcome is 00, 0, or 1, there is a probability of 3/38 of making a net profit of $20 and a 35/38 probability of losing $5.a. Find the expected value for the ​$5 bet that the outcome is 00, 0, or 1.b. Which bet is​ better: a $5 bet on the number 25 or a $5 bet hat the outcome is any one of the numbers 00, 0, or 1? Why?
Mathematics
1 answer:
USPshnik [31]3 years ago
8 0

Answer:

a) -$3.03; b) The $5 on the number 25

Step-by-step explanation:

To find the expected value, multiply each probability by its value and then add them together.

The probability of making a profit of $20 is 3/38; this gives us

3/38(20) = 60/38

The probability of losing $5 is 35/38; this gives us

35/38(-5) = -175/38

Together, this gives us

60/38-175/38 = -115/38 ≈ $-3.03

b) Since the expected value for the $5 bet on a single number is $-0.53, and the expected value for the $5 on either 00, 0 or 1 is $-3.03, the better bet is on the number 25.  The expected value loses less money with this option.

You might be interested in
jon used a gift card to pay for an $18 shirt.The remaining balance on the card is $28.write and solve an equation that represent
denis-greek [22]

Take note that they spent $18 afterwards having $28 on the card so they're spending money off the card so...

x-18=28

would be the equation for this and to solve do the following.

First add 18 to both sides making the equation.

x=46

7 0
3 years ago
Read 2 more answers
Help me with number question 7
oksano4ka [1.4K]
Just use the Pythagorean Theorem
(9 +x)^2 = 15^2 + x^2
x^2 + 18x + 81 = 225 + x^2
18x = 144
x = 8
 So the three sides of the triangle are
15, 8 and 17


5 0
3 years ago
The farmer was packing oranges for shipping. He had 5,342 oranges to pack and each box holds 25 oranges. How many full boxes of
Elina [12.6K]

Answer:

213 or 213.68 or 214

Step-by-step explanation:

5342 divided by 25 it is 213.68 rounded it would be 214 but its only asking for the full boxes so it may be 213

7 0
3 years ago
Prove that sinA-sin3A+sin5A-sin7A/cosA-cos3A-cos5A+cos7A= cot2A
MAVERICK [17]
Write the left side of the given expression as N/D, where
N = sinA - sin3A + sin5A - sin7A
D = cosA - cos3A - cos5A + cos7A
Therefore we want to show that N/D = cot2A.

We shall use these identities:
sin x - sin y = 2cos((x+y)/2)*sin((x-y)/2)
cos x - cos y = -2sin((x+y)/2)*sin((x-y)2)

N = -(sin7A - sinA) + sin5A - sin3A
    = -2cos4A*sin3A + 2cos4A*sinA
    = 2cos4A(sinA - sin3A)
    = 2cos4A*2cos(2A)sin(-A)
    = -4cos4A*cos2A*sinA

D = cos7A + cosA - (cos5A + cos3A)
   = 2cos4A*cos3A - 2cos4A*cosA
   = 2cos4A(cos3A - cosA)
   = 2cos4A*(-2)sin2A*sinA
   = -4cos4A*sin2A*sinA

Therefore
N/D = [-4cos4A*cos2A*sinA]/[-4cos4A*sin2A*sinA]
       = cos2A/sin2A
      = cot2A

This verifies the identity.
4 0
3 years ago
Find x. 895852 = -70x + 789/9(3^3 × 6) - 30
snow_lady [41]

Answer:

x=  88168/7

Hope it helps!

 

7 0
3 years ago
Other questions:
  • Multiply 1/2 x 3/16​
    13·2 answers
  • ashley recieved a 40% discount on the purchase of a 250$ tv. what was the amount of the discount that ashley recievd
    6·1 answer
  • You buy the same number of brushes, rollers, and paint cans. Write an expression in simplest form that represents the total amou
    10·1 answer
  • if 5.25 MB have been downloaded and 2.25 MB are left. what percent of the application has already been downloaded?
    8·1 answer
  • 3)Find the Circumference of this circle.<br> 9 in
    15·1 answer
  • Joey puts 25% of his allowance into savings each week. If last week he put 10$ in savings, what was his allowance last week?​
    11·1 answer
  • What is true about the solution of x^2/2x-6=9/6x-18?
    11·2 answers
  • If Lupe walk 0 miles, he will earn $50 for his library fundraiser just by signing up to help. But if Lupe walks 1 mile, he will
    14·1 answer
  • Yeast , a key ingredient bread , thrives within the temperature range of 90° F to 95°F . Write and graph an inequality that repr
    14·1 answer
  • Número racional no entero
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!