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
Answer:
4.05 dollars
Step-by-step explanation:
4 dollars and 5 cents. 15 percent of 27 is 4.05
Answer:
-0.6, -1/4, 0.3, 1/2
Step-by-step explanation:
Give me brainliest.
The answer is the a next to the 5
