Answer: 10 1/2
Step-by-step explanation:
Answer:
<u>x = 5</u>
Step-by-step explanation:
See attached image.
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.
Answer: y-4=0
Step-by-step explanation: