document.write( "Question 1071157:  4.	Tanya is considering playing a game at the fair. There are three different ones to choose from, and it costs $2 to play a game. The probabilities associated with the games are given in the table. \r
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document.write( "	      Lose $2	Win $1	Win $4
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document.write( "  Game 1	0.55	        0.20  	0.25
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document.write( "  Game 2	0.15  	0.35 	0.50 
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document.write( "  Game 3	0.20 	0.60	        0.20\r
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document.write( "a.	What is the expected value for playing each game? 
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| Algebra.Com's Answer #686077 by stanbon(75887)      You can put this solution on YOUR website! Tanya is considering playing a game at the fair. There are three different ones to choose from, and it costs $2 to play a game. The probabilities associated with the games are given in the table. \n" ); document.write( "Lose $2 Win $1 Win $4 \n" ); document.write( "Game 1 0.55 0.20 0.25 \n" ); document.write( "Expected \"winnings\" = 0.55(-2) + 0.2*1 + 0.25*4 = $0.1 = 10 cents \n" ); document.write( "------------- \n" ); document.write( "I'll leave the others to you. \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "------------- \n" ); document.write( "Game 2 0.15 0.35 0.50 \n" ); document.write( "Game 3 0.20 0.60 0.20 \n" ); document.write( "a. What is the expected value for playing each game? \n" ); document.write( " |