Statistics
posted by Todd on .
A game is played using one die. There is a$1 charge to play the game. If the die is rolled and shows a five, the player receives $6 back ( a profit of $5 and the original $1). If any other number shows, theplayer loses the original $1. What is the player's expected value?  did not match any documents. No pages were found containing "A game is played using one die. There is a$1 charge to play the game. If the die is rolled and shows a five, the player receives $6 back ( a profit of $5 and the original $1). If any other number shows, theplayer loses the original $1. What is the player's expected value?".

Investing is a game of chance of making a single free throw. Assume that free throw shots are independent of one another. Suppose this player get to shoot four free throws find the probability that he misses all four consecutive free throws. Round to the nearest ten thousandth