At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Get detailed and accurate answers to your questions from a community of experts on our comprehensive Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.
Sagot :
The expected value on playing this game is -5/36.
Given: 2 gold marbles, 9 silver marbles, and 24 black marbles.If it is gold, you win $3. If it is silver, you win $2. If it is black, you lose $1.
To find: Expected value on playing the game
Chance of occurrence of gold = 1/36
Chance of occurrence of silver = 9/36
Chance of occurrence of black = 26/36
On multiplying the given probability of occurence with the amount you would lose or win
we get,
1/36 * 3 + 9/36 * 2 - 26/36 * 1
3/36 + 18/36 - 26/36
=$ -5/36
For more information about probability, visit
https://brainly.com/question/24756209
#SPJ4
Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.