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Mathematics, 19.08.2019 21:20 jacklyn24

One option in a roulette game is to bet $12 on red. (there are 18 red compartments, 18 black compartments, and two compartments that are neither red nor black.) if the ball lands on red, you get to keep the $ 12 you paid to play the game and you are awarded $ 12. if the ball lands elsewhere, you are awarded nothing and the $ 12 that you bet is collected. complete parts (a) through (b) below. a. what is the expected value for playing roulette if you bet $12 on red?

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One option in a roulette game is to bet $12 on red. (there are 18 red compartments, 18 black compart...
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