Step-by-step explanation:
the probability that the ticket will win you 600 dollars * 1/1500 = 600/1500.
the probability that the ticket will win you 50 dollars is 50 * 5/1500 = 250/1500.
the probability that the ticket will win you 25 dollars is 25 * 20/1500 = 500/1500.
your expected value is -1 + 600/1500 + 250/1500 + 500/1500 = -.1.
the average loss for each dollar that is bet is equal to 10 cents.
hope this helped
Answer:
(-10,3),(9,0)
Step-by-step explanation:
Answer:
D) 3Log15^2
Step-by-step explanation:
is this right?
Answer:
the answer and explanation of the question is in the picture
Step-by-step explanation:
hope this helps
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