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

SELECT ALL THAT APPLY Which statements are true about reactions to Dr. King's assassination? A) Some leaders from around the world wept as they came to pay trib
What is the common structure that links all of the Cinderella stories called?
Were the egyptians the first peopld to do surgeries
Which of the following describes sans serif fonts? A: Easier to read online B: Sets a comforting tone C: Loses readability if the user shrinks the font D: More
how did Andrew Carnegie use vertical integration to increase his power?
_____ is a disease that has been linked with the death of ______
What are the characteristics of a severe thunderstorm?
A solenoid on its side has a current running through it. the needle of a compass held upright in front of the solenoid points to the left. what happens to the d
Which of the following correctly uses absolute value to show the distance between −70 and 15?
How many mcdonald's are there in the world?