In the game of roulette, a player can place a $9 bet on the number 16 and have a 2. probability of winning. If the metal ball lands on 16, the player gets to keep the $9 paid to play the game and the...

R1

Extracted text: In the game of roulette, a player can place a $9 bet on the number 16 and have a 2. probability of winning. If the metal ball lands on 16, the player gets to keep the $9 paid to play the game and the player is awarded an additional $315. Otherwise, the player is awarded nothing and the casino takes the player's $9. 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. The expected value is $ (Round to the nearest cent as needed.)