Can someone help me please!!
1 answer:
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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.
in the form of Equivalent Fraction can be written as
, where "x" is any integer.
As per the question statement, we are provided with a fraction, .
We are required to rewrite the above mentioned fraction in the form of a general Equivalent Fraction.
To solve this question, we need to know what an equivalent fraction is.
Equivalent fractions are those fractions that have different numerators and denominators but are equal to the same value, when simplified.
For example, all equate to
when simplified.
Now, for this case, equivalent fractions of are
, where
i.e., the equivalent fractions of are in the form of
, where "x" can be any integer, (...-6, -5, -4, -3, -2, -1, 2, 3, 4, 5, 6...)
- Fractions: In mathematics, a fraction is a numerical entity that is not a whole number.
To learn more about fractions, click on the link below.
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