Business, 12.11.2019 04:31 Byanka032801
3.36 european roulette. the game of european roulette involves spinning a wheel with 37 slots: 18 red, 18 black, and 1 green. a ball is spun onto the wheel and will eventually land in a slot, where each slot has an equal chance of capturing the ball. gamblers can place bets on red or black. if the ball lands on their color, they double their money. if it lands on another color, they lose their money.
(a) suppose you play roulette and bet $3 on a single round. what is the expected value and standard deviation of your total winnings?
(b) suppose you bet $1 in three different rounds. what is the expected value and standard deviation of your total winnings?
(c) how do your answers to parts (a) and (b) compare? what does this say about the riskiness of the two games?
Answers: 1
Business, 21.06.2019 20:20
The management at a pesticide manufacturing company has observed a decline in quality measures. the managers ask robin, the firm's hr manager, to investigate whether training might solve the problem. robin conducts needs assessment and recommends a training plan. which of the following conditions would most likely have been an observation during robin's person analysis?
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Business, 21.06.2019 21:30
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When the federal reserve buys and sells bonds to member banks, it is called a. monetary policy b. reserve ratio c. interest rate adjustment d. open market operations
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3.36 european roulette. the game of european roulette involves spinning a wheel with 37 slots: 18 r...
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