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April 24, 2014

April 24, 2014

Posted by **nicole** on Tuesday, April 13, 2010 at 9:10pm.

Answer choice: a.)$1.00 b.) -$1.00 c.)-$0.50 d.)$0.50

- math -
**Reiny**, Tuesday, April 13, 2010 at 9:30pmP(3H) = 1/8

P(2H) = 3/8

P(1H) = 3/8

P(0h) = 1/8

expected winnings

3H ---> (1/8)15 = 1.875

2H ---> (3/8)5 = 1.875

1H ----> (3/8)2 = .75

0H -----> 0

total expected value = 3.5

but you paid $4.00

so you will lose $0.50

choice c) -.50

- math -
**nicole**, Tuesday, April 13, 2010 at 9:31pmThanks

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