alishacordova23 alishacordova23
  • 13-07-2020
  • Mathematics
contestada

I DON'T KNOW THIS ONE! SOMEONE PLEASE HELP!!!!!!!!!!

I DONT KNOW THIS ONE SOMEONE PLEASE HELP class=

Respuesta :

HumanBein
HumanBein HumanBein
  • 13-07-2020

Answer:

$3.10.

Step-by-step explanation:

You get the expected value by multiplying the payout by the probability, then adding them all up.

So...

(0 * 0.45) + (4 * 0.3) + (6 * 0.1) + (8 * 0.1) + (10 * 0.05) = 0 + 1.2 + 0.6 + 0.8 + 0.5 = 1.8 + 1.3 = 3.1

So, the expected value of the winnings from a game with the payout probability distribution is $3.10.

Hope this helps!

Answer Link

Otras preguntas

What were the 4 major truths Jefferson presented in the declaration of independence?
Why did Henry Clay group his resolutions in pairs in the Compromise of 1850?
A light plane flew from its home base to an airport 255 miles away. With a head wind, the trip took 1.7 hours. The return trip with a tail wind took 1.5 h
two methods of active transport
what type of rock is the Haystack rock (igneous, Metamorphic, or Sedimentary)
10u + 7 = 8 ( 2u - 4 ) - 9
What's breed of given cat???Check attachment
36 is _______% less than 60?
10u + 7 = 8 ( 2u - 4 ) - 9
A snowball is launched horizontally from the top of a building at v = 16.9 m/s. If it lands d = 44 meters from the bottom, how high (in m) was the building?