Let the event 
The the probability of the events


The conditional probability

Answer:
The expected payout of the game is $230.46.
Step-by-step explanation:
The given table is
Payout Amount : $160 $4400 $145000
Probability : 0.146 0.024 0.0007
We need to find the expected payout of the game.
The formula for expected payout is

where, n is amount and P(x) is probability of that event. The value of n is negative for loss.
Using the above formula we get



Therefore the expected payout of the game is $230.46.
Answer:
plug in 0 for y and solve for x
to find y plug in 0 for x
Step-by-step explanation:
Answer:
10+2+0.3+0.05+0.007
Step-by-step explanation: