Here’s my dilemma, I can accept a $1000 bill or play a game ten times. For each roll of the single die, I win $500 for rolling 1 or 2, I win $400 for rolling 3; and I lose $300 for rolling 4,5,or 6. Based on the expected value, I should accept the $1000 bill.

you should accept the $1,000 bill

Step-by-step explanation:

Given the information:

P (rolling 1 or 2) = 1/6 + 1/6 = 2/6 = 1/3

P (rolling a 3) = 1/6

P (rolling 4 or 5 or 6) = 3/6 = 1/2

Hence, the expected value for 1 time is:

E = (1/3)*500 + (1/6)*400 - (1/2)*300

E = $166 + $66 - $150

E = $82

Expected value is linear so if you roll the die 10 times, expected value is: 10*82 = $820

The expected value is $82, meaning you should accept the $1,000 bill

the data of the detroit pistons in numerical order from least to greatest is 0.30, 0.37, 0.55, 0.62, 0.69, 0.72, 0.73, 0.75, 0.77, 0.78, 0.80, 0.81, 0.81, 0.83, 0.84, 0.89

the data of the miami heat in numerical order from least to greatest is 0.50, 0.50, 0.56, 0.57, 0.67, 0.72, 0.72, 0.72, 0.75, 0.75, 0.76, 0.81, 0.82, 0.90, 1.00, 1.00

the detroit pistons median : 1.52

the miami heat median: 1.47

the iqr of this data is 0.05

i believe the answer is 323 ft

step-by-step explanation: