Consider the following scenario. the five-number bet   (a) Find the expected value of each $1 bet in roulette. (Round your answer to three decimal places.) ___ dollars (b) Interpret it. (Round your answer to one decimal place.) Over time, you should expect to lose about cents for every dollar you bet.

A test has three parts. Part A consists of seven true-false questions, part B consists of three multiple-choice questions with five choices each, and part C requires you to match three questions with three different answers one-to-one. Assuming that you make random guesses in filling out your answer sheet, what is the probability that you will earn 100% on the test? (Leave your answer as a formula.) P(E) O P(E) O P(E) = P(E) = P(E) = = = 1 7² x 5³ x 3! 1 27 x 5³ x 3! 1 3² x 53 1 2³ x 35 x 7! x 7! 1 23 x 75 x 3!

Assuming you were lucky enough to win and the pay off odds were 35:1, how much money would you get back? Dont forget to include your original $5 bet in your payout. $. DO NOT include $ sign in your answer.

Chandler offers you the opportunity to play his $2 game where he shuffles four cards and you must pick the correct one. What is the expected profit per person if the prize is a $1.25 coke for the game?Single line text.

The table below shows the probability of winning 0-5 dollars playing a game.   Amount Won ($) 0 1 2 3 4 5 Probability 4/24 7/24 7/24 3/24 2/24 1/24   The stallholder charges $2.50 for each playing of the game. How much money can the stallholder expect to make for the charity on a day when there are 400 plays of the game?

If the probability of a person losing on a scratch-off lottery ticket is 0.955, the odds of losing are answer : answer