Question 1056837
<pre><b>
In a game you have 1/41 probability of winning $82 and 
a 40/41 probability of losing $5. What is your expected 
value?

{{{matrix(1,11,

(matrix(2,1,Expected,value)),
"",
""="",
"",
"$82"*(1/41),
""+"",
("-$5")*(40/41),
"",
""="",
"",
-"$2.88"

)}}}

This means that if you played the game many times,
you would expect to average losing about $2.88 per game.  
You'd lose $5.00 a lots more often than you'd win $82.

Edwin</pre></b>