Answer:
The expected value of the game to the player is -$0.2105 and the expected loss if played the game 1000 times is -$210.5.
Step-by-step explanation:
Consider the provided information.
It is given that if ball lands on 29 players will get $140 otherwise casino will takes $4.
The probability of winning is 1/38. So, the probability of loss is 37/38.
Now, find the expected value of the game to the player as shown:
Hence, the expected value of the game to the player is -$0.2105.
Now find the expect to loss if played the game 1000 times.
1000×(-$0.2105)=-$210.5
Therefore, the expected loss if played the game 1000 times is -$210.5.
Answer:
43
Step-by-step explanation:
you find the answer then fart in a jar and throw it at ur grandma
Answer:
C
Step-by-step explanation:
Answer:
The investment at the end of the period will be $584.89.
Step-by-step explanation:
FV = PV e⁽ⁿˣ⁾
FV = Future Value = ?
PV = Present Value = $396
n = Interest Rate = 13%
x = time in years = 3
e = mathematical constant = 2.7183
FV = 396 x 2.7183⁽⁰°¹³ ˣ ³⁾
FV = 396 x 1.4770
FV = $584.89
Solve for ppp. 16-3p=\dfrac23p+516−3p= 3 2 p+516, minus, 3, p, equals, start fraction, 2, divided by, 3, end fraction, p, plus
Ksivusya [100]
Given:
The given equation is:
To find:
The value of p.
Solution:
We have,
Multiply both sides by 3.
Isolating the variable terms, we get
Divide both sides by 11, we get
Therefore, the required solution is 
.
