document.write( "Question 1040528: There are so many variables in this problem can you help me set it up and find the solution.\r
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document.write( "Thanks,\r
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document.write( "Consider the following game: The player hands $1 to the Keeper. The probability that the Keeper returns $4 to the player is . The probability that the Keeper returns $3 to the player is . The probability that the Keeper returns $2 to the player is . The only other outcome is for the Keeper to simply keep the initial dollar and return nothing. What is the expected value for this game?
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document.write( " $0.50.
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document.write( " $1.42.
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document.write( " -$0.50
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document.write( " $0.96 \n" );
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Algebra.Com's Answer #655349 by stanbon(75887) ![]() You can put this solution on YOUR website! What are the probabilities that you did not post? \n" ); document.write( "Please repost your problem. \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |