Mathematics, 14.04.2020 17:01 dhruvi62

(1 point) Suppose any one round of a gambling game pays 3 to 1 and the odds are 4 to 1 against you. Suppose you will play for 100 rounds and bet one dollar on each round. We want the probability you will come out ahead. Determine what the possible net gains are. (Not all integers from −100 to 300 are possible.) What is the smallest possible positive net gain? 4 To come out ahead means the total net gain N is strictly greater than 0. Use your work above to apply the continuity correction. P(N> 4 ) What is the chance you will come out ahead? (Use a normal approximation.)

Answers: 3

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 14:00, miriamnelson7545

△cde maps to △stu with the transformations (x, y) arrowright (x − 2, y − 2) arrowright (3x, 3y) arrowright (x, −y). if cd = a + 1, de = 2a − 1, st = 2b + 3 and tu = b + 6, find the values of a and b. the value of a is and the value of b is .

Answers: 1

continue

Mathematics, 21.06.2019 18:00, Tellyy8104

On a piece of paper, graph y< x+1. then determine which answer matches the graph you drew.

Answers: 2

continue

Mathematics, 21.06.2019 21:30, Yuii

Hannah paid $3.20 for 16 ounces of potato chips. hank paid $3.23 for 17 ounces of potato chips. who paid less per ounces?

Answers: 1

continue

Mathematics, 21.06.2019 21:50, heavendl13

Which equation shows the quadratic formula used correctly to solve 5x2 + 3x -4 0 for x? cos -3+ v (3) 2-4() 2(5) 3+ |(3)² +4() 205) 3+ (3) 2-4() -3+ v (3)² +4()

Answers: 1

continue

You know the right answer?

(1 point) Suppose any one round of a gambling game pays 3 to 1 and the odds are 4 to 1 against you....