A roulette wheel has the numbers 1 through 36, 0, and 00. A bet on three numbers pays 11 to 1 (that is, if you bet $1 and one of
1 answer:
Answer:
You are expected to lose $0.05 (or win -$0.05)
Step-by-step explanation:
Since the roulette wheel has the numbers 1 through 36, 0, and 00, there are 38 possible outcomes.
In this bet, you are allowed to pick 3 out of the 38 numbers. Thus, your chances of winning (P(W)) and losing (P(L)) are:
The expected value of the bet is given by the sum of the product of each outcome pay by its probability. Winning the bet means winning $11 while losing the bet means losing $1. The expected value is:
Therefore, with a $1 bet, you are expected to lose roughly $0.05
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Option D:
Solution:
Given function:
To find the inverse of the function.
<u>Inverse of a function:</u>
<em>If a function f(x) is mapping x to y, then the inverse function of f(x) maps y back to x.</em>
Interchange the variables x and y.
Now, solve for y.
Multiply both sides by (y - 5).
Cancel the common factors, we get
Divide by x on both sides.
Add 5 on both sides.
To make the denominator same, multiply the 2nd term by .
Option D is the correct answer.