(Solution Library) An Edge in Roulette? Of the 38 numbers on an American roulette wheel, 18 are red, 18 are black, and 2 are green. If the wheel is balanced, the


Question: An Edge in Roulette? Of the 38 numbers on an American roulette wheel, 18 are red, 18 are black, and 2 are green. If the wheel is balanced, the probability of the ball landing on red is g = 0.474. A gambler has been studying a roulette wheel. If the wheel is out of balance, he can improve his odds of winning. The gambler observes 200 spins of the wheel and finds that the ball lands on red 93 times. At the 10% significance level, do the data provide sufficient evidence to conclude that the ball is not landing on red the correct percentage of the time for a balanced wheel?

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Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document

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