Question

Please help! Correct answer only!

Answer 1

Answer:

" Expected Payoff " - 17 Dollars ; Type in 17

Step-by-step explanation:

Consider the probability of landing in an odd section;

$Sections of the Wheel - 20 Sections,\\Numbers Numbered On the Wheel - 1 To 20,\\\\Odd Numbers = Even Numbers,\\Odd Numbers = 20 / 2 = 10,\\Even Numbers = Odd Numbers = 10,\\\\Probability of Spinning Even - 10 / 20 = ( Simplified ) 1 / 2,\\Money Won = 34 Dollars,\\\\Proportionality - 1 / 2 = x / 34, Where, x = " Expected Payoff "\\1 / 2 = x / 34,\\2x = 34,\\x = 17 Dollars,\\\\Conclusion ; " Expected Payoff " = 17 Dollars$

Solution ; Provided Directly Above