staceyh3556 staceyh3556

12-12-2022
Mathematics

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the european style roulette wheel has the following probabilities: a red number appears with probability 18 37 , a black number appears with probability 18 37 , and a green number appears with probability 1 37 . ben bets exactly $1 on black each round. explain why this is not a good long-term strategy.

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