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Mathematics, 02.12.2021 14:00 10040816
You decide to spend the weekend gambling with some friends. You all bet on the game. If your spread of the score is closest you make $150. You and 19 of your friends each contribute $10. Create a probability distribution showing net payoff.
What is your expected payoff?
If you each contributed $25, how would this change the net payoff?
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Use this data in the problem below. follow the steps carefully. round to the nearest tenth. lot 3: week 1: 345 week 2: 340 week 3: 400 week 4: 325 step 1. jim enters the data and calculates the average or mean. step 2. jim calculates the deviation from the mean by subtracting the mean from each value. step 3. jim squares each deviation to remove negative signs. step 4. jim sums the squares of each deviation and divides by the count for the variance. step 5. jim takes the square root of the variance to find the standard deviation.
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You decide to spend the weekend gambling with some friends. You all bet on the game. If your spread...
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