Homework Help: maths - Probability

Posted by matty on Wednesday, April 16, 2008 at 9:19pm.

Numbers is a game where you bet $1.00 on any three-digit number from 000 to
999. If your number comes up, you get $750.00. Find the expected winnings.

maths - Probability - Reiny, Wednesday, April 16, 2008 at 10:08pm
Expected winnings = 1/1000(750) = .75

So you bet $1.00 to win $0.75 , mmmhhh!
maths - Probability - matty, Wednesday, April 16, 2008 at 10:18pm
Thanks a lot

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