What is the expected value of the following game?
Pay $8. Win $100 if we draw a King from a standard deck. Win nothing if we draw something else.

Answers

Answer 1

Answer: Expected Value = -0.31

We expect to lose about 31 cents each time we play the game.

============================================================

Explanation:

A = event of selecting a king

B = event of not selecting a king

P(A) = 4/52 since there are 4 kings out of 52 total. This fraction reduces to 1/13.

P(B) = 48/52 = 12/13

Note: P(A) + P(B) = 1.

V(A) = net value of selecting a king

V(A) = 100-8 = 92, so you net $92 if event A occurs.

V(B) = -8, meaning you lose 8 dollars if you select anything but a king

We multiply the probability values with their corresponding net values

P(A)*V(A) = (1/13)*(92) = 7.07692 approximately

P(B)*V(B) = (12/13)*(-8) = -7.38462 approximately

Add up the results:

7.07692 + (-7.38462) = -0.3077

The expected value is approximately -0.3077 which rounds to -0.31

We expect to lose on average 31 cents each time we play the game. The nonzero expected value means this is not a mathematically fair game.


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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Step-by-step explanation:


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Step-by-step explanation:

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Answers

9514 1404 393

Answer:

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Step-by-step explanation:

The graph is a straight line through the origin, so the revenue is proportional to the number of tickets. The ratio of revenue to tickets will tell you the money raised for each ticket sold. Pick any point on the graph and divide the revenue value by the number of tickets.

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what is the probability of rolling a number greater than 2 with a standard number cube

Answers

Answer:

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Step-by-step explanation:

6 sides with 4 of the numbers being greater than 2; 4/6. The simplified version is 2/3.

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Answers

Answer:

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Step-by-step explanation:

we have:

[tex] \tan(a) + \tan(b) + \tan(c) \\ = \tan(a) + \tan(b) - \tan(a + b) \\ = \tan( a) + \tan(b) - \frac{ \tan(a) + \tan(b) }{1 - \tan(a) \tan(b) } \\ = \frac{ ( \tan(a) + \tan(b) ) \tan(a) \tan(b) }{ \tan(a) \tan(b) - 1 } (1)[/tex]

we also have:

[tex] \tan(a) \tan(b) \tan(c) \\ = - \tan(a) \tan(b) \tan(a + b) \\ = \frac{ -(\tan( a ) + \tan(b) ) \tan(a) \tan(b) }{1 - \tan(a) \tan(b) } \\ = \frac{( \tan(a) + \tan(b)) \tan(a) \tan(b) }{ \tan(a) \tan(b) - 1 } (2)[/tex]

from (1)(2) => proven

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Answers

Answer:

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Step-by-step explanation:

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Answer:

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Yo bro I need food give six seven

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Answers

Answer:

200 pounds

Step-by-step explanation:

4 televisions weigh 160 pounds

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Answer:

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Step-by-step explanation:

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Answers

Answer:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

Add both values for the area together to get your answer

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Answers

9514 1404 393

Answer:

SASnotSSSAAS

Step-by-step explanation:

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Answers

Answer:

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Step-by-step explanation:

there is 8 serving per bag

Answer:

80

Step-by-step explanation:

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1. Christine picks three pumpkins. They weigh
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Answers

Answer: [tex]9\dfrac{17}{24}\ \text{Pounds}[/tex]

Step-by-step explanation:

Given

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a. Multiply each side by 3

b. Divide each side by 3
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d. Subtract 8 from each side

Answers

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Answers

Answer:

( 0 , 1 ) ,  ( 1 , 0 )

( − 5 , 9 ) ,  ( 3 , 0 )

( 0 , 9 ) ,  ( 8 , 6 )

Step-by-step explanation:

The correct answer is m=-3/5

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Answers

Answer:

B

Step-by-step explanation:

2 Which of the following is the point and slope of the equation y - 9 = 3/2(x - 1) A) (1,9), 3/2 B) (-1,-9), 3/2 C) (9, 1), 3/2 D) (9.-1), 3/2 ​

Answers

Answer:

A) (1,9), 3/2

Step-by-step explanation:

Equation of a line:

The equation of a line, in point-slope format, is given by:

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What’s the correct answer?? I will mark as brainlest

Answers

Answer:

11

Step-by-step explanation:

Which choice is equivalent to the expression below?
(-4)-5


Answers

C is the correct answer

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Answers

Answer:

option 2 line graph

Step-by-step explanation:

100% on EDGE

Answer:

b

Step-by-step explanation:

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