subject

Aperson must pay $7 to play a certain game at the casino. each player has a probability of 0.04 of winning $11, for a net gain of $4 (the net gain is the amount won 11 minus the cost of playing 7). each player has a probability of 0.96 of losing the game, for a net loss of $7 (the net loss is simply the cost of playing since nothing else is lost). what is the expected value for the player (that is, the mean of the probability distribution)? if the expected value is negative, be sure to include the "-" sign with the answer. express the answer with two decimal places

ansver
Answers: 3

Another question on Advanced Placement (AP)

question
Advanced Placement (AP), 24.06.2019 05:00
Which courtroom participant is james in the given scenario? josh, the accused, is undergoing a criminal trial. mr. kent, josh’s neighbor and college professor, has been called upon to vouch for josh’s good conduct, academic performance, and likeable behavior. mr. kent is thus playing the role of a in the courtroom.
Answers: 3
question
Advanced Placement (AP), 25.06.2019 22:30
Bytes are commonly used to identify the size of digital information. how many bits are in a byte? 1 2 8 10
Answers: 1
question
Advanced Placement (AP), 26.06.2019 08:00
Based on the graph, how is coal consumption likely to affect future generations? a. the higher our current rate of consumption, the less coal will be available in the future. b. current rates of consumption are irrelevant because new coal will form in the future. c. the lower our current rate of consumption, the more slowly coal will be replenished for the future. d. regardless of current rates of consumption, coal will always be available.
Answers: 1
question
Advanced Placement (AP), 26.06.2019 09:30
Drag each label to the correct location. claire had a heavy breakfast early in the morning. then she went to the gym to exercise. after the gym, claire went to class. while exercising, the body requires a continuous supply of energy and uses up blood sugar at a faster rate. how will hormones maintain the sugar balance in the body from breakfast until claire has lunch?
Answers: 1
You know the right answer?
Aperson must pay $7 to play a certain game at the casino. each player has a probability of 0.04 of w...
Questions
question
Mathematics, 16.06.2021 21:50
question
Mathematics, 16.06.2021 21:50
question
History, 16.06.2021 21:50
question
History, 16.06.2021 22:00
Questions on the website: 13722360