Question: Use the Poisson distribution to find the indicated probabilities: Scott bets on the number 7 for each of 200 spins of a roulette wheel. Because P(7)= 1/38, he expects to win about 5 times.

1. Find the probability of no wins in the 200 spins.
2. Find the probability of at least one win in the 200 spins.
3. Scott will lose money if the number of wins is 0, 1, 2, 3, 4, or 5. Find the probability that Scott loses money after 200 spins.
4. What is the probability that Scott will have a profit after 200 spins?

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