1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zzz [600]
4 years ago
14

Gambler is deciding whether or not to take a bet. she must pay $40 to take the bet, but if she wins, she willprofit$225.theproba

bility that she wins the bet is ¼. what is the player’s expected value in this situation
Mathematics
1 answer:
Vesnalui [34]4 years ago
3 0
Expected value of the bet is
the sum of the products of value of outcome and its probability,
less the amount paid to place the bet.

Outcomes value probability
win            225    1/4
lose               0    3/4
cost of bet = 40

So expected value of bet
E[X]=225*(1/4)+0*(3/4)-40
=56.25-40
=16.25

This means that in the long run, gambler will win, since the expected value is positive.  (does NOT mean she will win in the next bet!)
You might be interested in
Linda sells the bracelets and necklaces she makes online. She sells her bracelets for $6 and her necklaces for $10.
Sholpan [36]

Answer:

She get $16 dollars

Step-by-step explanation:

4 0
3 years ago
Classify the number 8, by indicating in which set or sets it belongs.
Shtirlitz [24]
Whole number, integer, real number, natural number.
3 0
3 years ago
A local vet wants to survey his clients about their satisfaction regarding the care their pet received. He groups all of the cli
babymother [125]

Answer: Stratified Random Sampling

Step-by-step explanation: Got it right

8 0
3 years ago
Read 2 more answers
What os the correct question and why​
mr_godi [17]

Answer:

maybe the second equation i.e(10+1.2)x=24

8 0
3 years ago
Given: △ABC; AB=BC, m∠BDA = 60°, BD=4 cm, BD ⊥ BA . Find: DC, AC.
vekshin1

Answer:

DC = 10.93 cm ,  AC = 9.8 cm

Step-by-step explanation:

From trigonometry;

⇒ Tan 60 = AB/BD

⇒AB = BD Tan 60 ( where BD = 4 cm )

⇒ AB = 6.93 cm

Also, AB=BC , therefore;

⇒ BC = 6.93 cm

⇒ Cos 60 = BD/AD

⇒ AD = BD/ Cos 60 = 4/Cos 60

⇒ AD = 8 cm

From Pythagoras theorem;

⇒ AC^{2} = AB^{2} + BC^{2} = (6.93)^{2} + (6.93)^{2}

⇒ AC = \sqrt{96.05} = 9.80 cm

⇒ DC = BD + BC = 4 + 6.93

⇒ DC = 10.93 cm

8 0
3 years ago
Other questions:
  • A girl is now one-third as old as her mother. In three years, she will be two-fifths as old as her mother will be. What are thei
    15·2 answers
  • Find the of quotient of 205,276 ÷ 38
    12·1 answer
  • Higher Order Thinking.
    11·1 answer
  • I need help with this ASAP please just a,b,c
    10·1 answer
  • I NEED HELP QUICKLY... The Student Council is selling raffle tickets to raise money for the Winter Dance. They have a total of 2
    15·2 answers
  • Which was the most important effect of the bessemer process
    14·2 answers
  • If 75 people attend a concert and tickets for adults cost $2.75 while tickets for children cost $2.25 and
    13·1 answer
  • Walter invests $12,000, part at 7% annual interest and part at 8.5% annual interest. How much is invested at each rate if Reggie
    6·1 answer
  • Using the equation ŷ = 2.6 − 3.1x, what is the predicted value if x is 4.3?
    11·1 answer
  • Let f(x) = 3x + 4 and g(x)= x2 - x + 2. Perform the function operation and then find the domain.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!