document.write( "Question 730640: how can i solve this quiz?
\n" ); document.write( "Flipping a fair coin 4 times. We win x euros when we bring x crowns unless we bring a single crown so not winning anything.\r
\n" ); document.write( "\n" ); document.write( "On average how many euros to win this game? (find the expected value)\r
\n" ); document.write( "\n" ); document.write( "i will use E(X)=np?
\n" ); document.write( "
\n" ); document.write( "

Algebra.Com's Answer #446763 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
Flipping a fair coin 4 times. We win x euros when we bring x crowns unless we bring a single crown so not winning anything.
\n" ); document.write( "On average how many euros can you expect to win? (find the expected value)
\n" ); document.write( "=====\r
\n" ); document.write( "\n" ); document.write( "# of crowns::::::::::::: 0.......1.......2........3........4
\n" ); document.write( "Random winning values::: 0.......0.......2........3........4
\n" ); document.write( "Probabilities::::::::::::1/16.....4/16...6/16.....4/16.....1/16\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "---
\n" ); document.write( "E(x) = [0 + 0 + 12 + 12 + 4]/16 = 28/16 = 1.75 euros\r
\n" ); document.write( "\n" ); document.write( "------------
\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
\n" ); document.write( "
\n" );