One option in a roulette game is to bet $6 on red. (There

Last updated: 7/22/2022

One option in a roulette game is to bet $6 on red. (There are 18 red compartments, 18 black compartments, and two compartments that are neither red nor black.) If the ball lands on red, you get to keep the $6 you paid to play the game and you are awarded $6. If the ball lands elsewhere, you are awarded nothing and the $6 that you bet is collected. Complete parts (a) through (b) below. a. What is the expected value for playing roulette if you bet $6 on red?