To calculate expected value,
We can add up the probability of all possible events.
The 2 possible events are either winning $50 or losing the prize, which is $ - 50
Expected value =
50 x 40 % + (-50) x 60%
= $-10
So the answer is $-10
We have that the fourth term of an arithmetic sequence is
a_4=14
Option C
From the question we are told
What is the fourth term of an arithmetic sequence whose first term is 23 and whose seventh term is 5?
A) 78
B) 32
C) 14
(Explain your work)
Generally the equation for the arithmetic sequence is mathematically given as

Therefore
For seventh term

Therefore
For Fourth term

a_4=14
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I believe 26 units is the correct answer because you basically gotta multiply top from bottom