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IrinaK [193]
3 years ago
13

Annie is participating in a winner-take-all World Series of Poker tournament that costs 101010 thousand dollars to enter. The pr

ize for winning the tournament is 500500500 thousand dollars. Annie estimates that there is a 0.5 \%0.5%0, point, 5, percent chance that she will win the tournament. Find the expected value of entering the tournament for Annie.
Mathematics
1 answer:
gizmo_the_mogwai [7]3 years ago
5 0

Answer: −7.5 thousand dollars

Step-by-step explanation: Khan Academy

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