document.write( "Question 277427: A man is to play a game as follows. In three tosses of balanced coin, he will get a reward of RS. 20,000,RS.10,000 ,RS. 5,000 and no reward if he gets 3 tails, 2 tails, 1 tail and no tail respectively. whats is his expected return. If the entrance fee for contest is Rs. 7,000 will he play the game? \n" ); document.write( "
Algebra.Com's Answer #201970 by edjones(8007)![]() ![]() You can put this solution on YOUR website! (t+h)^3= \n" ); document.write( "t^3=.5^3=1/8 \n" ); document.write( "3t^2h=3*.5^2*.5=3/8 \n" ); document.write( "3th^2=3/8 \n" ); document.write( "h^3=1/8 \n" ); document.write( ". \n" ); document.write( "In 8 tries he spends 7000*8=56000 \n" ); document.write( "and wins \n" ); document.write( "20000 all tails \n" ); document.write( "30000 2 tails \n" ); document.write( "15000 one tail \n" ); document.write( "------add \n" ); document.write( "65000 \n" ); document.write( ". \n" ); document.write( "65000-56000=9000 is the expected return after 8 tries \n" ); document.write( ". \n" ); document.write( "9000/8=RS 1125 expected return per try. \n" ); document.write( ". \n" ); document.write( "Ed \n" ); document.write( " |