The expected value of the game is $2.00.
To Find: The fair price to pay to play the game of rolling a colored die with three red sides, two green sides, and one blue side
Now the question arises how to find the Fair Price
We are told that in the game of rolling the colored die;
A roll of a red loses.
A roll of blue pays 5.00 and A roll of green pays 2.00.
Now, the best game to get the fairest price is to play; RRRGGB i.e (RED, RED, RED, GREEN, GREEN,BLUE)
Fair price = 2(3/6) + 6(1/6) + 0(2/6)
Fair price = $2
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Answer:
A. True
Step-by-step explanation:
The Triangle Inequality Theorem says that the sum of any two sides must be greater than the third side. Let's see if this is true.
a + b
9 + 1 = 10>9
a + c
9 + 9 = 18>1
c + b
9 + 1 = 10>9
Answer:
2/9=.222
3/5=.6
5/7=.714
Step-by-step explanation:
The statement that correctly calculates the average price of Will's books is
B. ($32 + $45 + $39) ÷ 3
This is because the average or mean, is found by adding all of the numbers together and then dividing the sum by the amount of numbers you added together (in this case 3.)
Decimals because money is expressed in decimals and we handle with money every day.
