While riding her bike to the ocean and back home 6 times, Mandi timed herself at 52min, 54min, 53min, 51min, 53min, and 43min. S
1 answer:
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Answer:
-$0.90
Step-by-step explanation:
There are only two possible outcomes, winning $23 (W) or losing $15 (L). Therefore:
The probability of the player making his next 3 free throws (P(W)) is:
The probability of the player NOT making his next 3 free throws (P(L)) is:
Expected value (EV) is given by the payoff of each outcome multiplied by its probability:
The expected value of the proposition is -$0.90