Question

Please help! Correct answer only!

You can play a game with a wheel whose rim is divided into equal sections marked with the numbers from 1 to 20. If you play, the attendant will spin the wheel and a ball will land in a random section. If the number the ball lands on is even, you win $34. If the number the ball lands on is odd, you win nothing. If you play the game, what is the expected payoff?

Answer 1

" Expected Payoff " - 17 Dollars ; Type in 17

Explanation:

Consider the probability of landing in an odd section;

`Sections of the Wheel - 20 Sections,\\Numbers Numbered On the Wheel - 1 To 20,\\\\Odd Numbers = Even Numbers,\\Odd Numbers = 20 / 2 = 10,\\Even Numbers = Odd Numbers = 10,\\\\Probability of Spinning Even - 10 / 20 = ( Simplified ) 1 / 2,\\Money Won = 34 Dollars,\\\\Proportionality - 1 / 2 = x / 34, Where, x =`

Solution ; Provided Directly Above