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July 30, 2014

July 30, 2014

Posted by **jen** on Thursday, October 15, 2009 at 10:56pm.

comes up, you get $600.00, otherwise you lose the $1. Find your expected winnings if all numbers

are equally likely to come up.

- elementary math for teachers -
**Reiny**, Thursday, October 15, 2009 at 11:13pmthere are 1000 numbers from 000 to 999

so the prob of any one coming up is 1/1000

the expected winning = 1/1000(600) = .60 or 60¢.

(not smart to play that game)

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