subject
Mathematics, 03.07.2019 17:30 Crxymia

Expected value (50 points)
game: roll two dice. win a prize based on the sum of the dice.
cost of playing the game: $1
prizes:
win $10 if your sum is odd.
win $5 if you roll a sum of 4 or 8.
win $50 if you roll a sum of 2 or 12.
1.explain how to find the expected value of playing this game. what is the expected value of playing this game? show your work. (30 points)
2.interpret the meaning of the expected value in the context of this game. why should someone play or not play this game. answer in complete sentences. (20 points)

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 18:30
Need an artist designed a badge for a school club. figure abcd on the coordinate grid below shows the shape of the badge: the badge is enlarged and plotted on the coordinate grid as figure jklm with point j located at (2, -2) and point m is located at (5, 4). which of these could be the coordinates for point l? a. (2, 4) b. (8, 4) c. (5, 1) d. (5, 7)
Answers: 2
question
Mathematics, 21.06.2019 21:00
Factor the trinomial below. 12x^2 - 32x - 12 a. 4(3x+3)(x-1) b. 4(3x+1)(x-3) c. 4(3x+6)(x-2) d. 4(3x+2)(x-6)
Answers: 2
question
Mathematics, 21.06.2019 21:50
Suppose that the price p, in dollars, and the number of sales, x, of a certain item follow the equation 4 p plus 4 x plus 2 pxequals56. suppose also that p and x are both functions of time, measured in days. find the rate at which x is changing when xequals2, pequals6, and startfraction dp over dt endfraction equals1.5.
Answers: 2
question
Mathematics, 21.06.2019 23:20
This graph shows which inequality? a ≤ –3 a > –3 a ≥ –3 a < –3
Answers: 1
You know the right answer?
Expected value (50 points)
game: roll two dice. win a prize based on the sum of the dice.
Questions
question
Mathematics, 05.11.2020 18:10
question
Mathematics, 05.11.2020 18:10
question
Spanish, 05.11.2020 18:10
Questions on the website: 13722365