Story: A gambler plays roulette and makes a $1 bet on a pair of numbers 4000 times. The bet pays 17 to 1, and it covers two numbers. We are interested in finding the chance that the casino will make less than $300 from these plays.
Find the standard error or the sum.
a. 254.21
b. 56.76
c. 35.90
d. 4.71
e. none of these
Find the standard error or the sum?
E
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