subject
Mathematics, 13.12.2019 02:31 lexylexy8583

In a two-spot keno game, the probability of winning is 0.0601. if you bet a quarter and both of your numbers are picked out of the hopper, you win $3.50. otherwise, you lose $0.25.

a. what is the expected value of this game

b. is this game a good bet? explain

c. if you played this game 1000 times, how much would you expect to win or lose?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 16:00
Graph the equation by plotting point x=2
Answers: 1
question
Mathematics, 22.06.2019 01:30
Write the equation of the circle centered at (10,-2) with radius 2.
Answers: 2
question
Mathematics, 22.06.2019 03:00
Plz ! define the type of sequence below. -2,0,2,4,6 a. both arithmetic and geometric b. arithmetic c. neither arithmetic nor geometric d. geometric
Answers: 1
question
Mathematics, 22.06.2019 05:00
The investigating team suspected that there were differences in the cost of repairing cars in workshop i and workshop ii. the investigating team suspected that the costs raised by workshop i were greater than workshop ii. for that they tested the repair of 15 cars in each workshop to see the cost of repairs.the decision of the right hypothesis to prove the suspicion above is a. h0 : μ1- μ2­ = 0; ha : μ1- μ2­ ≠ 0 b. h0 : μ1- μ2 ≥ 0; ha : μ1- μ2 < 0 c. h0 : μd ≥ 0; ha : μd < 0 with μd = μ2- μ1 d. h0 : μd = 0; ha : μd ≠ 0 with μd = μ2- μ1 e. h0 : μ1- μ2 = 0; ha : μ1- μ2 ≥ 0
Answers: 2
You know the right answer?
In a two-spot keno game, the probability of winning is 0.0601. if you bet a quarter and both of your...
Questions
question
Social Studies, 21.02.2021 06:20
question
Mathematics, 21.02.2021 06:20
question
Mathematics, 21.02.2021 06:20
Questions on the website: 13722367