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:
Growth when: b>1.
Decay when: 0<b<1.
Step-by-step explanation:
Any function in the form
, where a > 0, b > 0 and b not equal to
is called an exponential function with base b.
If 0 < b < 1 this is an example of an exponential decay.
The general shape of an exponential with b > 1 is an example of exponential growth.
Hence,
An exponential function is expressed in the form
, The relation represents a growth when b >1 and a decay when 0<b<1.
The answer is <span>-1.2917960675</span>
If you wanted to calculate it, there it is: