The expected value per game is -0.26. Over 1000 games, you can expect to lose $263.16.
To find the expected value, we multiply the probability of winning by the amount of winnings, the probability of losing by the amount of loss, and adding those together.
We have a 1/38 chance of winning; 1/38(175) = $4.61. We also have a 37/38 chance of losing; 37/38(5) = $4.87.
$4.61-$4.87 = -$0.26 (rounded)
To five decimal places, our answer is -0.26136; multiplied by 1000 games, this is $261.36 lost.
Answer: c. 22X
Step-by-step explanation:
The total number of ribbons is 8 because 4 + 3 + 1 is 8
The number of green ribbons is 3
That means that 3 out of the 8 ribbons are green
Answer: 3/8
Answer:
-10.
Step-by-step explanation:
x^0 = 1 so its -10 * 1
= -10.
So the answer would be 84,000. hope that helped
