Answer:
maybe there's a typo, that dot usually represents the multiplication, and I got 5.52
Answer:
We can conclude that on this case we have identical processes but excersise 17 use another way to present the probability distribution and as we can see the expected value can be viewed as a dot product of two vectors with one vector containing the outcomes and the other the probabilities for each possible outcome.
Step-by-step explanation:
Assuming this previous info:
Exercise 17. Suppose that we convert the table on the previous page displaying the discrete distribution for the number of heads occurring when two coins are flipped to two vectors.
Let vector
The answer to this question is A, the graphs y intercept is 5
Answer:
The expected value of the game to the player is -$0.2105 and the expected loss if played the game 1000 times is -$210.5.
Step-by-step explanation:
Consider the provided information.
It is given that if ball lands on 29 players will get $140 otherwise casino will takes $4.
The probability of winning is 1/38. So, the probability of loss is 37/38.
Now, find the expected value of the game to the player as shown:



Hence, the expected value of the game to the player is -$0.2105.
Now find the expect to loss if played the game 1000 times.
1000×(-$0.2105)=-$210.5
Therefore, the expected loss if played the game 1000 times is -$210.5.