Answer:
A mathematically "fair bet" is one in which a gambler bets, say $100, for a 10 percent chance to win $1000 dollars ($100 = .10 x 1000). Assuming diminishing marginal utility of dollars, this is not a fair bet in terms of utility because
Step-by-step explanation:
Answer:1. 24%, 2. 38%
60 baseball and 20 football
Nathan earned 100 points. he lost the trivia game by 5 points.
Step-by-step explanation
3 * 33 = 110 points earned
* 20 = 10 points lost
110-10 = 100
8/15
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