# Slot Machine Probability

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A slot machine in Reno costs $1 to play. If the jackpot is $1,000 and the expected value is $ - 0.50 find the probability of winning.

Â© BrainMass Inc. brainmass.com March 4, 2021, 5:55 pm ad1c9bdddfhttps://brainmass.com/statistics/probability/slot-machine-probability-18830

#### Solution Preview

Since we don't know the distribution of probability, we have to assume it is normally ...

#### Solution Summary

A slot machine in Reno costs $1 to play. If the jackpot is $1,000 and the expected value is $ - 0.50 find the probability of winning.

$2.49