Explore BrainMass

Explore BrainMass

    A roulette wheel has 34 slots, 2 of which are green, 16 are red, and 16 are black.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    A roulette wheel has 34 slots, 2 of which are green, 16 are red, and 16 are black. A successful bet on black or red doubles the money, whereas one on green fetches 30 times as much. If you play the game once by betting $2 on the black, what is the probability that:
    a) You will lose your $2?
    b) You will win $2?

    © BrainMass Inc. brainmass.com March 4, 2021, 5:48 pm ad1c9bdddf
    https://brainmass.com/statistics/probability/a-roulette-wheel-has-34-slots-2-of-which-are-green-16-are-red-and-16-are-black-12408

    Solution Preview

    a) Probability of Losing = 18/34 or 9/17 ( It is Equal to total ...

    $2.49

    ADVERTISEMENT