A roulette wheel consists of 18 red slots, 18 black slots, and 2 green slots. A player can wager $1 that a marble will land in a red slot, in which case the player would gain a $1. If the marble lands in a slot that isn't red, then the player loses their $1 wager. Let X represent the player's gain from a random $1 wager on red. Here's the probability distribution of X along with summary statistics:
Lose Win
X = gain (S) -1 1
Р(X) 20/38 18/38
Мean: Ax-$0.05
Standard deviation: ax$1.00
Suppose a player decides to wager $5 instead of winning $5.
Let Z represent the player's gain from a random $5 wager on red. possible outcomes become either losing or , so
What are the mean and standard deviation of Z? dollars?