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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 Melis
by
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2 Answers

5 votes

Answer:

$16.00

Explanation:

User Justinxreese
by
7.7k points
4 votes
$10






I hope this helps!
User Gmagno
by
7.8k points

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