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43 votes
43 votes
Two teams, A and B are about to play a game. Previous records show that A has an 80% chance of winning, while 3 has a 20% of winning

Spectators can either choose to buy regular tickets or special tickets. A spectator with a special ticket will receive a refund of 52 fteam A wins

and a refund of sifteam wins. How much extra, minimally, should the special ticket cost to cover the expected value of the refunds offered

User MechanTOurS
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2 Answers

12 votes
12 votes

Answer:

$16.00

Explanation:

User Onelaview
by
2.7k points
12 votes
12 votes
$10






I hope this helps!
User Myster
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