Answer Happy

In the game of​ roulette, a player can place a ​$7 bet on thenumber 26 and have a 1/38 probability of winning. If the metal balllands on 26 ​, the player gets to keep the ​$7 paid to play thegame and the player is awarded an additional ​$245 . ​Otherwise,the player is awarded nothing and the casino takes the​ player's​$7 . Find the expected value​ E(x) to the player for one play ofthe game. If x is the gain to a player in a game of​ chance, then​E(x) is usually negative. This value gives the average amount pergame the player can expect to lose.