A roulette wheel has the numbers 1 through 36, 0, and 00. A bet on five numbers pays 6 to 1 (that is, if you bet $1 and one of the five numbers you bet comes up, you get back your $1 plus another $6). How much do you expect to win with a $1 bet on five numbers? (Round your answer to the nearest cent.)
A roulette wheel has the numbers 1 through 36, 0, and 00. A bet on five numbers pays 6 to 1 (that is, if you bet $1 and one of the five numbers you bet comes up, you get back your $1 plus another $6). How much do you expect to win with a $1 bet on five numbers? (Round your answer to the nearest cent.)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 61E: If P(AB)=0.7, is it possible that P(BA)=0.6? Explain
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A roulette wheel has the numbers 1 through 36, 0, and 00. A bet on five numbers pays 6 to 1 (that is, if you bet $1 and one of the five numbers you bet comes up, you get back your $1 plus another $6). How much do you expect to win with a $1 bet on five numbers? (Round your answer to the nearest cent.)
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