Step-by-step explanation:
here you have the answers
Outcome on winning = $100 - $20 = $80
Outcome on losing = $20
Probability of winning = 1/6
Probability of losing = 5/6
Expected Value = 1/6 (80) +5/6(-20) = -3.333
This shows on average from each game, the game earns $ 3.333.
So, if 1000 such games are played, the game will earn 1000 x 3.33 = $3330
So, the answer to this question is option A
Answer:
Five more than a number
Step-by-step explanation:
