Thursday

November 27, 2014

November 27, 2014

Posted by **natalie** on Sunday, February 27, 2011 at 9:28am.

- math -
**MathMate**, Sunday, February 27, 2011 at 9:39amThe four possible outcomes are:

outcome payment

H/H +3.00

H/T -2.00

T/H -2.00

T/T -1.00

Average -2.00/4 = -0.50

Decide for yourself.

- math -
**natalie**, Sunday, February 27, 2011 at 10:11ammathmate~

in the last part of the list T/T you have a -1.00 but shouldnt it be +1.00? does that then change the final answer?

thank you!!

- math-typo -
**MathMate**, Sunday, February 27, 2011 at 10:29amDefinitely!

Sorry that I misread the payment scheme.

So it is now:

outcome payment

H/H +3.00

H/T -2.00

T/H -2.00

T/T +1.00

Average 0.00/4 = 0.0

I suppose the result is now evident.

- math -
**natalie**, Sunday, February 27, 2011 at 10:35amthank you! :)

- math :) -
**MathMate**, Sunday, February 27, 2011 at 11:27am:)

**Answer this Question**

**Related Questions**

maths - Suppose there are 10 coins laid out in front of you. All of the coins ...

math - a fair coin is tossed in the air 4 times. if the coin lands heads up the ...

probability - urgent till 3 pm i have in colombiaˇ 1 Alice has five coins in a ...

Probability - Alice has five coins in a bag: two coins are normal (i.e., fair ...

Probability - You and a friend play the following game: You pay your friend $3 ...

statistics - you and 50 coworkers decide to play a game that consists of ...

Math - A weighted coin has the property that the Heads comes up 60 percent of ...

math - weighted coin has property that heads comes up 60 percent of time. two ...

MATH - 24 1c coins are set out in a row on a table. Then every 2nd coin is ...

math - A game is played by flipping three coins. If all three coins lands heads ...