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Mathematics, 11.10.2019 03:30 Svetakotok

The game of american roulette involves spinning a wheel with 38 slots: 18 red, 18 black, and 2 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. suppose you bet $1 on red.(a) what's the expected value of your winnings? (b) what's the standard deviation of your winnings?

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