Which lottery game has a better expected value, and what is the value? WinOne has a higher expected value, which is -$0.50. Play

Question

3 years ago

6

Which lottery game has a better expected value, and what is the value? WinOne has a higher expected value, which is -$0.50. Play

Ball has a higher expected value, which is -$0.60. WinOne has a higher expected value, which is $0.50. PlayBall has a higher expected value, which is $0.60.

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1 answer:

olchik [2.2K] · Answer 1 · 2022-07-27T23:07:32+03:00

olchik [2.2K]3 years ago

4 0

Answer:

A. WinOne has a higher expected value, which is -$0.50.

Explanation:

I just took the test on Plato and it's correct.