Question

Bet on red at roulette. (Review the in-class notes for roulette rules.) What is the probability...

Bet on red at roulette. (Review the in-class notes for roulette rules.)

What is the probability you will win exactly twice during 4 plays?  (Give the probability rounded to four decimal places.)

What is the probability you will win at most twice during 4 plays?  (Give the probability rounded to four decimal places.)

What is the probability you will win at least twice during 4 plays?  (Give the probability rounded to four decimal places.)

Homework Answers

Answer #1

as you haven't given any specifics my answer will be based on the above type of roulette. Here you bet on one number and there are 36 equal parts.

Binomial distribution will be used. Let say X represents numbers of success in n trials.

where p is probability of success.


formula will be

\

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A roulette wheel has 38 numbers. Eighteen of the numbers are black, eighteen are red, and...
A roulette wheel has 38 numbers. Eighteen of the numbers are black, eighteen are red, and two are green. When the wheel is spun, the ball is equally likely to land on any of the 38 numbers. Each spin of the wheel is independent of all other spins of the wheel. One roulette bet is a bet on black—that the ball will stop on one of the black numbers. The payoff for winning a bet on black is $2 for...
In the the casino game of roulette, players make bets based on a wheel with 38...
In the the casino game of roulette, players make bets based on a wheel with 38 numbered pockets (18 red pockets, 18 black pockets, and two green pockets, labeled 0 and 00). The wheel is then spun one direction and the ball is spun in the opposite direction. Eventually, the ball will land in one of the numbered pockets. The wheel is designed so that the ball has an equal chance of landing in any one of the pockets. Suppose...
Roulette Wheel:  The game of roulette involves spinning a wheel with 38 slots: 18 red, 18 black,...
Roulette Wheel:  The game of roulette involves spinning a wheel with 38 slots: 18 red, 18 black, and 2 green. A ball is spun onto the wheel and will eventually land in a slot, where each slot has an equal chance of capturing the ball. a) You watch a roulette wheel spin 6 consecutive times and the ball lands on a red slot each time. What is the probability that the ball will land on a red slot on the next...
A bet on “black” in Roulette has a probability of 18/38 of winning. If you win,...
A bet on “black” in Roulette has a probability of 18/38 of winning. If you win, you double your money. You can bet anywhere from $1 to $100 on each spin. a. Suppose you have $10, and are going to play until you go broke or have $20. What is your best strategy for playing? Explain using information you learned in this module's material, such as expected value. b. Suppose you have $10, and are going to play until you...
You play roulette 100 times, betting $10 on red each time. What is the probability you...
You play roulette 100 times, betting $10 on red each time. What is the probability you come out ahead(win more than half of the time)? Show that this Binomial probability model can be approximated by a Normal model. Then use the applicable Normal model to solve the problem
You go to the casino and play roulette. You decide to place bets that the ball...
You go to the casino and play roulette. You decide to place bets that the ball will land on the number 18. On a roulette wheel there are the numbers 1-36 and 00. Thus, the likelihood that you win any one spin is 1 in 38. You decide to play 20 times, thus you are in binomial land and the potential ersults of your gambling will be drawn from a binomial distribution B(20,1/38). What is the probability that you win:...
An instant lottery game gives you probability 0.03 of winning on any one play. Plays are...
An instant lottery game gives you probability 0.03 of winning on any one play. Plays are independent of each other. If you are to play four times in a row, the probability that you do not win in any of the four consecutive plays is about: (Answer as a decimal rounded to three decimal places)
Here are the basic rules of Club Keno: You choose how many numbers you will pick....
Here are the basic rules of Club Keno: You choose how many numbers you will pick. You can pick anywhere from 1 to 10 different numbers. Pick your numbers between 1 and 80. A drawing is held in which 20 numbers are picked. Depending on how many of your numbers come up in the drawing, you win various amounts of money. In a previous assignment we saw the number of ways to choose exactly x correct from a total of...
You play roulette 1000 times, betting $10 on red each time. What is the probability you...
You play roulette 1000 times, betting $10 on red each time. What is the probability you come out ahead? Show that this Binomial probability model can be approximated by a Normal model. Then use this applicable Normal model to solve the problem.
Suppose that you are in a class of 31 students and it is assumed that approximately...
Suppose that you are in a class of 31 students and it is assumed that approximately 18% of the population is left-handed. (Give your answers correct to three decimal places.) (a) Compute the probability that exactly five students are left-handed. (b) Compute the probability that at most four students are left-handed. (c) Compute the probability that at least six students are left-handed.