In the game of​ roulette, a player can place a ​$4 bet on the number 15 and have a 138 probability of winning. If the metal ball lands on 15​, the player gets to keep the ​$4 paid to play the game and...




In the game of​ roulette, a player can place a
​$4

bet on the number
15

and have a
138

probability of winning. If the metal ball lands on
15​,

the player gets to keep the
​$4

paid to play the game and the player is awarded an additional
​$140.

​Otherwise, the player is awarded nothing and the casino takes the​ player's
​$4.

Find the expected value​ E(x) to the player for one play of the game. If x is the gain to a player in a game of​ chance, then​ E(x) is usually negative. This value gives the average amount per game the player can expect to lose.









Question content area bottom



Part 1

The expected value is
​$enter your response here

.


​(Round to the nearest cent as​ needed.)




Jun 09, 2022
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