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Sagot :
Answer: I am going to put a link
maybe its going to help you?
Step-by-step explanation:
http://s3.amazonaws.com/illustrativemathematics/illustration_pdfs/000/001/217/original/illustrative_mathematics_1217.pdf?1390751150
What is probability?
"Probability is a branch of mathematics which deals with finding out the likelihood of the occurrence of an event."
The probability distribution for X = the amount of money a player wins (or loses) in a single game is as follows:
X Probability of X+$5 0.60-$10 0.40E(X)
= 5 × 0.60 + (−10) × 0.40
= 3 − 4 = −1
This means there is an average loss of $1 per game in the long run.
The message should tell Phil not to go forward with his plan of playing the game many, many times as the plan will not make money for him in the long run as he had hoped. The message should communicate in non-technical terms that a player will lose a dollar per game on average in the long run, and thus there is no long term gain to be made from playing the game many, many times.
Learn more about Probability here
brainly.com/question/11234923
#SPJ2
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