Finding Expected Value In Exercises 37 and 38, find the expected net gain to the player

Chapter 4, Problem 37

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Finding Expected Value In Exercises 37 and 38, find the expected net gain to the player for one play of the game. If x is the net gain to a player in a game of chance, then E1x2 is usually negative. This value gives the average amount per game the player can expect to lose. . In American roulette, the wheel has the 38 numbers, 00, 0, 1, 2, . . ., 34, 35,and 36, marked on equally spaced slots. If a player bets $1 on a numberand wins, then the player keeps the dollar and receives an additional $35.Otherwise, the dollar is lost.

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