TymonF311968 TymonF311968
  • 03-11-2022
  • Mathematics
contestada

how to solve this problem? Result from step 1: Expected value is -$3.23.

how to solve this problem Result from step 1 Expected value is 323 class=

Respuesta :

KeyleenX721544 KeyleenX721544
  • 03-11-2022

The expected value was already calculated as:

[tex]E=-3.23[/tex]

The expected value is the mean value you would get per try.

Since we played 623, the expected value is 623 times the expected valu for a single play, so:

[tex]E_{623}=623\cdot E=623\cdot(-3.23)=-2012.29[/tex]

So, the expected value after playing 623 times is to -$2012.29, that is, lose $2012.29.

Answer Link

Otras preguntas

(03.02 MC) Cambia el verbo en negrita y escríbelo en el presente perfecto. Change the verb in bold and write it in the present perfect. Mariana, ¿nunca viste
What is the highest level of discipline faced by a student found guilty of violating the Academic Honesty Policy.
The sum of Ellie's age and Genya's age is 60. In six years, Genya will be eight times as old as Ellie. How old is Ellie now?
A. f(x)=4*2^x B.f(x)=0.5*(4)^x C.f(x)=2*(0.5)^x D.f(x)=4*(0.5)^x
How did Jacques-Louis David treat the image above differently than a Baroque artist might?
Simplify: 10 10−2 A) 100 B) 1000 C) 1 102 D) 1 103
Is 3.50s+5.00L less than or equal to 80 a system of linear inequalities
Why fsh hormone increase in 5th day and increase in 13th day before ovulation
Simplify: (−2)3 · (−2)4 A) (−2)12 B) (−2)7 C) 212 D) 27
chad earns $234 for 36 hoursof work. Geo earns $288 for 40 hours of work. Are the pay rates of these two people proportional?