The expected value of the winnings from the game is $4
<h3>How to determine the expected value?</h3>
The payout probability distribution is given as:
Payout ($) 2 4 6 8 10
Probability 0.5 0.2 0.15 0.1 0.05
The expected value is then calculated as:
This gives
E(x) = 2 * 0.5 + 4 * 0.2 + 6 * 0.15 + 8 * 0.1 + 10 * 0.05
Evaluate the expression
E(x) = 4
Hence, the expected value of the winnings from the game is $4
Read more about expected values at:
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A fraction with the denominator of 6 and is breather than 2/4 would be 5/6 or 4/6
Answer:
x = 10
Step-by-step explanation: 10/2 = 5 + 1 = 6
Answer:
50
Step-by-step explanation:
For this question you would follow the BIDMAS rule - (Brackets, Indices, Division, Multiplication, Addition, Subtraction.)
The first thing in this question you need to solve it (9 + 8)
we do this because, when we follow BIDMAS, the first rule is brackets
so, 9 + 8 = 17
The second step is to multiply, as this rule is second,
so, 17 x 2 = 34
Our final step is to solve the last bit, which is 6 x 14
and we know that 6 x 14 = 84
So now that we have 84 and 34, we need to subtract the two numbers as shown,
84 - 34 = 50
And this is how you get the answer 50
i hope this has helped you, please comment if you did not understand it and i will explain it in another way : )