You bet $50 on 00 in a game of roulette. if the wheel spins 00, you have a net win of $1,750, otherwise you lose the $50. a standard roulette wheel has 38 slots numbered 00, 0, 1, 2, , 36. what is the expected profit for one spin of the roulette wheel with this bet?

Statistical process control charts: a. indicate to the operator the true quality of material leaving the process. b. display upper and lower limits for process variables or attributes and signal when a process is no longer in control. c. indicate to the process operator the average outgoing quality of each lot. d. display the measurements on every item being produced. e. are a graphic way of classifying problems by their level of importance, often referred to as the 80-20 rule.