allealashaye15 allealashaye15
  • 13-12-2020
  • Mathematics
contestada

Find the expected payback for a game in which you bet ​$5 on any number from 0 to 499. If your number comes up, you get $1000

Respuesta :

connorcharonis
connorcharonis connorcharonis
  • 13-12-2020
E(x) = (499*0 + 1000) / 500 = 2$

5$ + 2$ = 7$

7$ / 5$ = 1,4 => payback ratio = 40%
Answer Link

Otras preguntas

Cuando un oso grizzly hiberna, su ritmo cardiaco disminuye a 101010 latidos por minuto, que es 20\%20%20, percent de su valor normal. ¿Cuál es el ritmo cardiaco
NEED DONE ASAP!!!!!!!!! Bystanders Regina Prudnikova In one video interview, for example, a Lithuanian witness, Regina Prudnikova, recalls that before the massa
Geometry...............
The volume of a sphere is 1928m. What is the surface area of the sphere to the nearest tenth?
"The insurance company gets information about gas leakage in several houses that use the same gas provider that your customer does. In light of this new informa
If the area of the shaded part of ⊙K is 152π, what is the value of x?
Below are sentences with words that need their capital letters. Fix each sentence with the correct capital letter of the geographical place. Each sentence can h
which binomial is a factor of x2 - 64 1) (x - 16) 2) (x - 8) 3) (x - 32) 4) (x + 4)
Of the following metals, which ions are most easily reduced? Use the following table to answer the question.
Which pH would correspond to a substance containing a lower concentration of hydrogen ions than hydroxide ions? Question 2 options: pH 12 pH 7 pH 6 pH 2