subject
Mathematics, 13.12.2019 02:31 lexylexy8583

In a two-spot keno game, the probability of winning is 0.0601. if you bet a quarter and both of your numbers are picked out of the hopper, you win $3.50. otherwise, you lose $0.25.

a. what is the expected value of this game

b. is this game a good bet? explain

c. if you played this game 1000 times, how much would you expect to win or lose?

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 13:00, Yasido888
Ineed to learn how to solve this problem
Answers: 2
image
Mathematics, 21.06.2019 17:30, corinaartsy
Match each function with its rate of growth or decay
Answers: 1
image
Mathematics, 21.06.2019 20:00, paulesparsa6
Given the two similar triangles, how do i find the missing length? if a=4, b=5, and b'=7.5 find a'
Answers: 1
image
Mathematics, 21.06.2019 20:40, ineedhelp773
Lines a and b are parallel. what is the value of x? -5 -10 -35 -55
Answers: 2
You know the right answer?
In a two-spot keno game, the probability of winning is 0.0601. if you bet a quarter and both of your...

Questions in other subjects: