document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1160034>Question 1160034</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A person must pay $4 to play a certain game at the casino. Each player has a probability of 0.12 of winning $14, for a net gain of $10 (the net gain is the amount won 14 minus the cost of playing 4).<BR>\n" );
document.write( "Each player has a probability of 0.88 of losing the game, for a net loss of <BR>\n" );
document.write( "$4 (the net loss is simply the cost of playing since nothing else is lost).\r<BR>\n" );
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document.write( "What is the Expected Value for the player (that is, the mean of the probabiltiy distribution)? If the Expected Value is negative, be sure to include the \"-\" sign with the answer. Express the answer with two decimal places. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #783181 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=783181\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> E(X)=0.12(10)-4(0.88)<BR>\n" );
document.write( "=$1.20-$3.52<BR>\n" );
document.write( "=-$2.32\r<BR>\n" );
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document.write( "can also do as 0.12(14)-$4 </SPAN>\n" );
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