The expected value per game is -0.26. Over 1000 games, you can expect to lose $263.16.
To find the expected value, we multiply the probability of winning by the amount of winnings, the probability of losing by the amount of loss, and adding those together.
We have a 1/38 chance of winning; 1/38(175) = $4.61. We also have a 37/38 chance of losing; 37/38(5) = $4.87.
$4.61-$4.87 = -$0.26 (rounded)
To five decimal places, our answer is -0.26136; multiplied by 1000 games, this is $261.36 lost.
The options Patel has to solve the quadratic equation 8x² + 16x + 3 = 0 is x = –1 Plus or minus StartRoot StartFraction 5 Over 8 EndFraction EndRoot.
<h3>Quadratic equation</h3>
8x² + 16x + 3 = 0
8x² + 16x = -3
8(x² + 2x) = -3
- Using completing the square
8(x² + 2x + 1) = -3 + 8
8(x² + 1) = 5
(x² + 1) = 5/8
- Taking the square root of both sides
(x + 1) = ± √5/8
x = -1 ± √5/8
Therefore,
x = –1 Plus or minus StartRoot StartFraction 5 Over 8 EndFraction EndRoot
Learn more about quadratic equation:
brainly.com/question/1214333
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The name of parts of body???
