Question

Please help!!(ﾉ◕ヮ◕)ﾉ*:･ﾟ✧will mark brainliest!!!

Answer 1

Step-by-step explanation:

so,

1/12 × $100

5/12 × $20

6/12 × $1

so the expected "payout" is

100/12 + 100/12 + 6/12 = 206/12 = 103/6 ≈ $17.17

minus the $2 entrance fee, the expected value is

17.17 - 2 = $15.17

but of course, there will be 6 losing $1 (while the other 6 will go home with a positive result).