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
galben [10]
3 years ago
13

You bet $50 on 00 in a game of roulette. If the wheel spins 00, you have a net win of $1,750, otherwise you lose the $50. A stan

dard roulette wheel has 38 slots numbered 00, 0, 1, 2, ... , 36. What is the expected profit for one spin of the roulette wheel with this bet?
Mathematics
1 answer:
sesenic [268]3 years ago
3 0

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

You might be interested in
What is the answer for this 9x+8=107
oee [108]

Answer:

x=11

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
2 as rare percent is​
Vesna [10]

Answer:

what are you asking? Because I probably have the answer

4 0
3 years ago
FIND M∠R (GIVING BRAINLIEST, 25 PTS)
riadik2000 [5.3K]

Answer:

<h2>76</h2>

Step-by-step explanation:

<h3>to understand this</h3><h3>you need to know about:</h3>
  • triangles
  • equation
  • PEMDAS
<h3>given:</h3>
  • M\angle T=2x+2
  • M\angle R=3x+1
<h3>tips and formulas:</h3>
  • this is an isosceles triangle since two sides are equal therefore \angle T=\angle S
  • a triangle contains 180°
<h3>let's solve:</h3>

according to the question

2x+2+2x+2+3x+1=180

solve:

  1. collect like terms:7x+5=180
  2. substract 5 from both sides:=>7x+5-5=180-5=>7x=175
  3. divide both sides by 7: =>7x/7=175/7
  • x=25

given:

M∠R=3x+1

substitute the value of x

3×25+1

75+1

76

7 0
2 years ago
Read 2 more answers
Find the value of SU
sineoko [7]

Answer:

A

Step-by-step explanation:

yw

3 0
2 years ago
What is the measure of
Andreas93 [3]

Answer:

43

Step-by-step explanation:

7 0
2 years ago
Read 2 more answers
Other questions:
  • Melcher used 24% if the memory card on his digital camera while taking pictures at a family reunion. If melcher took 96 pictures
    11·1 answer
  • How to simplify 2+1/4K-2/3K
    15·2 answers
  • ronald picked many oranges from his tree.He squeezed out 256 fluid ounces of juice. how many half gallon containers was he able
    9·1 answer
  • Find the value of (6^0 − 7^0) × (6^0 + 7^0)
    11·2 answers
  • Help please! :(
    7·1 answer
  • Paco rides his bike for hour. He wants to ride his bike for 1 hour total
    5·2 answers
  • WILL GIVE BRAINLIEST
    6·1 answer
  • The clothing store marked down all their shirts by 30%. If a shirt originally cost $24, what is the sale price of the shirt?
    6·1 answer
  • Write an equation for a line perpendicular to y = -5x – 4 and passing through the point (15,5)
    14·1 answer
  • Select the correct answer from each drop-down menu.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!