1. 1/2. 3+1/8 = 4/8 = 1/2
2. 1/4. 3+1/16 = 4/16 = 1/4
Answer:
P{W>0}=0.5
P{W=0}=0.25
E{W}=0
Step-by-step explanation:
<u>Given:</u>
Gambles are independent i.e. each player is equally likely to win or lose 1 unit. OR each player has equal probability to win or lose 1 unit.
Let W denote the net winnings of a gambler whose strategy is to stop gambling immediately after his first win.
Then
<u>A.P{W>0}=?</u>
P{W>0}=0.5, because each player is equally likely to win or lose on first gamble. i.e there is equal chances for winning or losing on the first gamble.
<u>B.P{W<0}=?</u>
for P{W<0} we need to find P{W=0} first as;
P{W=0}=0.25
As there is equal probability to win or lose, after first win, if you want to finish gamble with no profit (equal number of lose and win) then if you losing, you have equal probability to win or lose so to finish your game with P=0 your probability is 0.25 (half of 0.5)
P{W<0} means net lose which is equal to total probability minus probability of profit and probability of net profit equal to zero.
i.e. P{W<0}=1-P{W=0}-P{W>0}
P{W<0}=1-0.25-0.5=0.25
<u>C.E{W}=?</u>
E{W}=P{W>0}*{W>0}+P{W<0}*{W<0}+P{W=0}*{W=0}
E{W}=0.5*(1)+0.5(-1)+0.25*(0) (for any value of W,P{W>0}*{W>0}+P{W<0}*{W<0}=0, because sum of same positive and negative numbers is zero)
E{W}=0
Answer:
1:3 is the probability
Step-by-step explanation:
The answer is false, it is because a continuous variable is where the given values have no end or in other words, infinite. The students in a room has only provided a limited set of values-- in which it it has a fixed number of values, therefore, it is not a continuous variable, so it is false.<span />
The probability that the spinner will land on a number greater than 4 or on a shaded section is five-sixt
<h3>What is probability?</h3>
Probability is the likelihood or chance that an event will occur. Mathematically;
Probability = Expected/Total
If the spinner is spinned, the total outcome is 1/6
Pr(greater than 4) = 2/6 = 1/3
Pr(shaded section) = 3/6 = 1/2
Pr(number greater than 4 or on a shaded section) = 1/3 + 1/2
Pr(number greater than 4 or on a shaded section) = 5/6
Hence the probability that the spinner will land on a number greater than 4 or on a shaded section is five-sixths
Learn more on probability here: brainly.com/question/25870256
