SOLUTION: Consider the following game that involves tossing a die. If the outcome is an even number,you win SZL20. If the outcome is 1 or 3,you lose SZL10. If the outcome is 5,you lose SZL30
Algebra.Com
Question 1020261: Consider the following game that involves tossing a die. If the outcome is an even number,you win SZL20. If the outcome is 1 or 3,you lose SZL10. If the outcome is 5,you lose SZL30.What are the expected winnings?
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
Look at the probabilities,
.
.
.
.
.
.
So then the expected winnings are,
SZL1.67
RELATED QUESTIONS
A die is rolled. If the outcome is an odd number,what is the probability that it is... (answered by richard1234)
A game is designed so that a player wins when the game piece lands on letter A. The game... (answered by greenestamps)
A game is designed so that a player wins when the game piece lands on letter A. The game... (answered by greenestamps)
A die is weighted so that the even number outcomes are twice as likely as an odd outcome. (answered by greenestamps)
Could really use some help on a problem, can someone assist?
You play a game where a... (answered by lynnlo)
to compute the probability of the following outcome when rolling a pair of dice: The... (answered by robertb)
A game of chance involves rolling an unevenly balanced 4-sided die. The probability that (answered by robertb)
In a carnival game a single die is rolled. If the number that shows on top is odd, you... (answered by robertb)
Use one of these words or phrases to complete each sentence: certain, impossible, very... (answered by stanbon)