Question

Using the biased wheel, "Tisch 1", it was determined that the probability for one of the...

Using the biased wheel, "Tisch 1", it was determined that the probability for one of the numbers was about 0.03776, which is higher than normal. Suppose you bet on this number for 36 rounds. Use this probability to fill in the blanks in the biased wheel column. (Round your answers to four significant figures.) X, the Number of Winning Rounds Net Profit from X Wins Probability of X Wins with Biased Wheel 0 −\$36 1 \$0 2 \$36 3 \$72 ... ... ... 36 \$1,260

for aove is a binomial distribution probabiltiy of x winning P(X=x)=

hence below is table

 x profit from x win probability 0 -36 0.2502 1 0 0.3534 2 36 0.2427 3 72 0.1079 4 108 0.0349 5 144 0.0088 6 180 0.0018 7 216 0.0003 8 252 0.0000 9 288 0.0000 10 324 0.0000 11 360 0.0000 12 396 0.0000 13 432 0.0000 14 468 0.0000 15 504 0.0000 16 540 0.0000 17 576 0.0000 18 612 0.0000 19 648 0.0000 20 684 0.0000 21 720 0.0000 22 756 0.0000 23 792 0.0000 24 828 0.0000 25 864 0.0000 26 900 0.0000 27 936 0.0000 28 972 0.0000 29 1008 0.0000 30 1044 0.0000 31 1080 0.0000 32 1116 0.0000 33 1152 0.0000 34 1188 0.0000 35 1224 0.0000 36 1260 0.0000

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