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3 years ago

Find the expected value of the winnings

Mathematics

1 answer:

lord [1]3 years ago

8 0

Answer:

The expected value is $3.95

Step-by-step explanation:

Here, we want to get the expected value

Mathematically, what we have to do here is to multiply each of the probabilities by the pay out value, before we proceed to add up

We have this as;

0(0.5) + 0.2(5) + 0.15(8) + 10(0.1) + 15(0.05)

= 0 + 1 + 1.2 + 1 + 0.75 = 3.95

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san4es73 [151]

Answer:

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Step-by-step explanation:

Line AB passes through points A(−6, 6) and B(12, 3). If the equation of the line is written in slope-intercept form, y=mx+b, then m=m equals negative StartFraction 1 Over 6 EndFraction.. What is the value of b?

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3 years ago

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Answer:

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Step-by-step explanation:

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