Gambler expected net gain


Someone is going to play roulette 270 times, betting a dollar on a split each time. A split pays 17 to 1. Find the gambler's expected net gain.

a. $-14.21
b. $-0.86
c. $14.26
d. $-5.26
e. $-10.53

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Basic Statistics: Gambler expected net gain
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