Answered

Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Ask your questions and receive precise answers from experienced professionals across different disciplines. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

1) Suppose a mathematician computed the expected value of winnings for a person playing each of seven different games in a casino. What would you expect to be true for all expected values for these seven games? In your discussion, also state whether the expected value is positive or negative. 1 ) Suppose a mathematician computed the expected value of winnings for a person playing each of seven different games in a casino . What would you expect to be true for all expected values for these seven games ? In your discussion , also state whether the expected value is positive or negative.​

Sagot :

As per the question seems, the expected value can be  positive, negative or zero.

The given question is of probability, which cannot be negative so don't get confused between expected values and probability, expected value and be negative, positive or zero.

What is probability?

Probability can be defined as the ration of favorable outcomes to the total number of events.

If person playing different games in casino , the probability of that person winning could be varying from 0/7 to 7/7 which implies that person can win from zero games to all games. If that person wins all the 7 games that mean he the gain in values, but if the loses 1 games or more games there than he supposed have gain or have loosen expected values so it can be positive, negative or zero. however the person loosen every game their is certain negative expected values.

Thus, The expected value can be  positive, negative or zero.

Learn more about probability here:
https://brainly.com/question/14290572

#SPJ1

Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.