If not you lose the money you bet suppose you play 3 times, Basic Statistics

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If not you lose the money you bet suppose you play 3 times

Roulette winnings. In the game of roulette, a wheel is spun and you place bets on where it will stop. One popular bet is that it will stop on a red slot; such a bet has an 18/38 chance of winning. If it stops on red, you double the money you bet. If not, you lose the money you bet. Suppose you play 3 times, each time with a $1 bet. Let Y represent the total amount won or lost. Write a probability model for Y.

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Basic Statistics: If not you lose the money you bet suppose you play 3 times

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Basic Statistics: If not you lose the money you bet suppose you play 3 times

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