Answer:
87,025
Step-by-step explanation:
17550-20525. just subtract
Answer:
0-0
Step-by-step explanation:
000000000000000000000000000000
Answer:
The expected value is -$0.17
Since it gives a negative expected value, the game is not favorable and should not be played
Step-by-step explanation:
Here, we want to calculate the expected game value and decide if the game is worth playing
Probability of rolling a six is 1/6
Probability of rolling a 5 is 1/6
Probability of rolling a number less than 5 is 4/6 = 2/3
So the only way to win is rolling a six
The expected value is thus;
1/6(3) - 0(1/6) - 2/3(1)
= 1/2 - 2/3
= -$0.17
Since the game gives a negative expected value, it is not favorable and should not be played
