Answer:
a) - $0.169
b) - $0.04242
Step-by-step explanation:
Data provided in the question:
Bet amount = $4
Probability of losing $4 = 
Probability of gaining $4 = 
a) The expected value
= Winning amount × winning probability - Losing amount × Losing probability
= $4 ×
- $4 × 
= $4 × 
= - $0.169 (Negative sign means loss)
b) The amount lost for each dollar =
=
= - $0.04242
Wouldn’t it be called rounding
the 2 negatives get rid of eachother so its 2
2
Answer:
68.338
Step-by-step explanation:
to know how much is less than we have to substract
74.14-5.802=68.338
your answer would be 30
<em>HOPE THAT HELPS!!!</em>