Register
You can play one game for free. Which game has a higher expected value: a. a 0% chance of winning $1,000 b. a 10% chance of winning $50 c. a 100% chance of winning $1 d. a 25% chance of winning $100
215k views
4 votes
You can play one game for free. Which game has a higher expected value:

a. a 0% chance of winning $1,000
b. a 10% chance of winning $50
c. a 100% chance of winning $1
d. a 25% chance of winning $100

User Charly Rl
by
5.7k points

1 Answer

4 votes
Option d

a. 0 * 100 = $0
b. 0.1 * 50 = $5
c. 1.00 * 1 = $2
d. 0.25 * 100 = $25
User Pranta
by
5.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.8m questions

7.6m answers

Other Questions

Solve for y in terms of x. 2/3y - 4 = x y = x + 6 y = -x + 4 y = -x + 6 y = x + 4
Aliyah has $24 to spend on seven pencils. After buying them she had $10. How much did each pencil cost?
Evaluate a + b when a = –16.2 and b = –11.4 A. –27.6 B. –4.8 C. 4.8 D. 27.6
What is the value of x? (-4) - x = 5
Find the quotient of 3,078 ÷ 27. A) 104 B) 109 C) 114 D) 119
Link Copied!