I can't seem to figure this out. Can someone please help me preferably ASAP! 15 POINTS!!
2 answers:
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Answer:
The expected value of the game to the player is -$0.2105 and the expected loss if played the game 1000 times is -$210.5.
Step-by-step explanation:
Consider the provided information.
It is given that if ball lands on 29 players will get $140 otherwise casino will takes $4.
The probability of winning is 1/38. So, the probability of loss is 37/38.
Now, find the expected value of the game to the player as shown:
Hence, the expected value of the game to the player is -$0.2105.
Now find the expect to loss if played the game 1000 times.
1000×(-$0.2105)=-$210.5
Therefore, the expected loss if played the game 1000 times is -$210.5.
Hello, since 18% of the people surveyed chose Ferris Wheel as their favorite ride at an amusement park, we simply need to get 18% of 300.
ANSWER: A. 54 people chose Ferris Wheel as their favorite ride.
ANSWER: A. 54 people chose Ferris Wheel as their favorite ride.