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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The answers would be A D and E because if you were to flip them onto each other they would be the exact same
If you have a problem like:
4x+2y=20
2x+2y=16
You would subtract
4x-2y=20
-2x+2y=16
You would get the new problum
2x=4
You now want to divide the 2 on both sides to solve for x
x=2
Now that you've solved for X you want to solve for y. So use substitution to solve for y. You would want to substatute the x for the 2 in either of the problums. I'll use the first one.
4(2)+2y=20
You first want to multiply te 4(2) you would get a new problum.
8+2y=20
Now you want to subtract the 8 on both sides.
2y=12
The last step to solve for y is to divide the 2 on both sides.
Y=6
So your answers would be
x=2
y=6
B C D because you find it closer
If you are talking about building blocks, then you would get one 10 and 3 ones, then subtract that from 7 ones and would get 6
