In a board game, players take turns spinning a wheel with 4 spaces and values of $100, $300, $400, $800. The probability of land

Question

4 years ago

12

In a board game, players take turns spinning a wheel with 4 spaces and values of $100, $300, $400, $800. The probability of land

ing on $100 is 4-9. The probability of landing on $300 is 2/9. The probability of landing on $400 is 2/9. The probability of landing on $800 is 1/9. What is the expected value of spinning the wheel once

Mathematics

1 answer:

PtichkaEL [24] · Answer 1 · 2022-01-04T12:22:28+03:00

PtichkaEL [24]4 years ago

4 0

Answer:

$1,444.45

Step-by-step explanation:

EV= 100(0.44444444444)+300(0.22222222222)+400(0.22222222222)+800(0.11111111111)

EV= $288.89

288.89*5= $1,444.45