A game of chance is begun. You will pick one number out of 300. If your number is picked you win $30,000. At what point is it no

Question

3 years ago

12

longer worth playing the game due to expense?

1 answer:

garik1379 [7] · Answer 1 · 2022-07-31T04:01:03+03:00

3 0

Answer:

<$100 / greater than $100

Step-by-step explanation:

30,000/300=100

If you spent $100 per spin and won 1 out of 300 games, there would be no net gain.

If you spent anything more than $100, then you would lose more money than you gained if you won 1 out of 300 games.