![]() |
Sign Up FREE! |
Sign In |
Classroom Setup |
Common Core Alignment ![]() |
![]() |
#1 |
Guest
Posts: n/a
|
![]() Can people guide me through this one:"When betting $1 on the number 7 in roulette, there is a probability of 1/38 of winning, and a win results in a net profit of $35. What is the average return for every $1 that is bet?"thanks a million for any help!!
|
![]() |
#2 |
Guest
Posts: n/a
|
![]() I'm gonna assume that means you add up all the returns and divide by the number of possibilities. So because you lose a dollar usually and gain 35 dollars every 38 times, it would be ((37 * -1) + 35) / 38, or -5 cents. Therefore, don't play roulette. Especially not the Russian kind.
|
Thread Tools | |
Display Modes | |
|
|