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luda_lava [24]
2 years ago
10

You make a bet on a horse race. There's a 10% chance of making $300 and a 5% chance of making $500. There's an 85% chance of los

ing $75. What's the expected value of this bet?
Mathematics
1 answer:
lbvjy [14]2 years ago
7 0
425 or 225 i think im not really sure
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You would transform 5x + 2x into the same term with the associative property, adding like terms. If you subsitute the different values into the expressions you notice that both have a rate of change of 7 like an arithmetic sequence. To see if any value will make the two expressions equal you make them equal to each other.

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sdas [7]
It would be 120.

Look at the first column, 40. It’s basically multiplication and you can just use a calculator.

For example, 40 x 1 = 40,
And if you looks the second column, it’s being multiplied by 2. Which would be 40 x 2, you just have to multiply 3 x 40 which is 120.

Sorry for my english

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