Practice Activity 2 Game of Chance Problem (A Roulette Wheel) A roulette wheel in a fiesta carnival has the numbers 1 through 30. If you bet P5.00 you will have a chance to win a prepaid load worth...


Practice Activity 2<br>Game of Chance Problem (A Roulette Wheel)<br>A roulette wheel in a fiesta carnival has the numbers 1 through 30. If you bet<br>P5.00 you will have a chance to win a prepaid load worth P100.00. Let X denote the<br>net gain for a bet.<br>a. Complete the table below showing the probability distribution of X.<br>95<br>|-5<br>P(x)<br>b. Find the expectation if you play a bet and interpret the result.<br>E(x) =<br>Interpretation:<br>c. How much the organizer will ecarn if 100 games will be played such that each<br>number has a bet of P5.00?<br>(Hint: Compute for the net gain of the organizer per game and multiply it<br>by 100)<br>

Extracted text: Practice Activity 2 Game of Chance Problem (A Roulette Wheel) A roulette wheel in a fiesta carnival has the numbers 1 through 30. If you bet P5.00 you will have a chance to win a prepaid load worth P100.00. Let X denote the net gain for a bet. a. Complete the table below showing the probability distribution of X. 95 |-5 P(x) b. Find the expectation if you play a bet and interpret the result. E(x) = Interpretation: c. How much the organizer will ecarn if 100 games will be played such that each number has a bet of P5.00? (Hint: Compute for the net gain of the organizer per game and multiply it by 100)

Jun 01, 2022
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