subject
Mathematics, 14.04.2020 22:03 Dweath50

Derrick is playing a carnival game. The cost for each turn is $1.50. If Derrick wins a turn, he gets $5.00 back, and if he loses, he gets nothing back. The probability of Derrick winning any one turn is 32%. Derrick only wants to play the game if he can expect to win money over many turns. Should Derrick play, and for what reason?

A) No, because on average, Derrick can expect to come out behind by $0.10 per turn.
B) No, because on average, Derrick can expect to come out behind by $0.58 per turn.
C) Yes, because on average, Derrick can expect to come out ahead by $0.10 per turn.
D) Yes, because on average, Derrick can expect to come out ahead by $0.42 per turn.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 22:20
Let f(x) = 5/x and g(x)=2x2+5x. what two numbers are not in the domain of f o g
Answers: 2
question
Mathematics, 21.06.2019 22:30
For the chance to be team captain, the numbers 1-30 are put in a hat and you get two chances to pick a number, without replacement. which formula correctly shows how to find the probability that you choose the number 1 and then 2?
Answers: 1
question
Mathematics, 22.06.2019 01:20
Write 5 in the form of a/b using integers to show it as a rational number
Answers: 1
question
Mathematics, 22.06.2019 03:10
Which statement is true about the discontinuities of the function f(x) = x-5/ 3x^2-17x-28
Answers: 2
You know the right answer?
Derrick is playing a carnival game. The cost for each turn is $1.50. If Derrick wins a turn, he gets...
Questions
question
Mathematics, 10.11.2020 22:40
question
Business, 10.11.2020 22:40
question
Mathematics, 10.11.2020 22:40
question
Health, 10.11.2020 22:40
question
Health, 10.11.2020 22:40
question
Mathematics, 10.11.2020 22:40
Questions on the website: 13722363