In the casino game roulette players bet on which of 38 equally likely outcomes will occur on a single spin of the wheel. The probability of the ball landing on black is 18/38. If you bet $100 on black, which of the following is the best choice for your expected value?
a)-$5.26
b)+$5.26
c)+$52.63
d)-$52.63
e)0.00
Answer is a) -$5.26, just not sure how to achieve that. I know it's asking to find the mean (mu).