document.write( "Question 1180270: Purple is 1/4 of the wheel, Cyan is 2/5 and the rest of the wheel is Fuscia. If you land on purple you win $40, Cyan you win $11 and otherwise you win nothing. The game costs $17 to play. What is your expected value per play (after you pay the cost to play)? \n" ); document.write( "
Algebra.Com's Answer #809897 by greenestamps(13216)\"\" \"About 
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\n" ); document.write( "P(purple)=0.25
\n" ); document.write( "P(cyan)=0.40
\n" ); document.write( "P(fuschia)=1-(0.25+0.40)=1-0.65=0.35

\n" ); document.write( "expected value for purple: 0.25(-17+40)=0.25(23)=+5.75
\n" ); document.write( "expected value for cyan: 0.40(-17+11)=0.40(-6)=-2.40
\n" ); document.write( "expected value for fuschia: 0.35(-17+0)=0.35(-17)=-5.95

\n" ); document.write( "expected value per play: 5.75-2.4-5.95 = -2.6

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