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Jason L.

asked • 11/16/13

Find the probability model of your net gain.

A Nevada roulette wheel had 38 pockets, labeled as 0 00 1 2 3 ... 35 36. One bet is single number. If you bet $1 on a number (any one between 1 and 36) and the number comes up, you get the dollar back together with $35 in winnings; otherwise, you lose your dollar.

A.) Find the probability model of your net gain.

B.) Find the mean of your net gain for one bet.

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