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Harrizon [31]
3 years ago
6

A game has 3 possible outcomes, with probabilities p1, p2, and p3. The amount of money that you will win or lose for each outcom

e is v1, v2, and v3, respectively. What is the expression p1v1 + p2v2 + p3v3 equal to?
Mathematics
1 answer:
Monica [59]3 years ago
8 0
We have the following given
p1 - probability for outcome 1
p2 - probability for outcome 2
p3 - probability for outcome 3
v1 - amount of money that you will win or lose for outcome 1
v2 - amount of money that you will win or lose for outcome 2
v3 - amount of money that you will win or lose for outcome 3

Therefore,
p1v1 + p2v2 + p3v3 is the average money you win or lose in playing the game.
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