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on tv show contestant is asked to select a door and is rewarded wigh $40,000 or $3, or $50 what is expected value of the selecion
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More information needed. What is the probability of the 40,000 or the 3?
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This is another one I need help with.
On a TV game show, the contestant is asked to select a door an then is rewarded with the
Top answer:
40000 + 3 + 50 = 13,351 $13,351
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On a TV game show, the contestant is asked to select a door and then is rewarded with the prize behind the door selected. If the
Top answer:
OF course it is not correct. Expected Value is in dollars. EV=1/3(40,000) + 1/3 (3) + 1/3 (50)
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On a TV game show, the contestant is asked to select a door and then is rewarded with the prize behind the door selected. If the
Top answer:
(40,000 + 50 + 3)/3 = $13,351
Read more.
On a TV game show, the contestant is asked to select a door and then is rewarded with the prize behind the door
selected. If the
Top answer:
expected value of car = (1/3)(40000) = 13333.33 expected value of silly draw = (1/3)(3) = 1.00
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On a T.v. game show a contestant is asked to select a door and then is rewarded with the prize behind the door selected. If the
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To start solving this problem, we need to calculate the expected value of the selection. The
Read more.
On a TV game show, the contestant is asked to select a
door and then is rewarded with the prize behind the door selected. If the
Top answer:
Each door has a prob of 1/3 expected value = 1/3( 40000 + 3 + 50 ) = 13351
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On a TV game show, the contestant is asked to select a door and then is rewarded with the prize behind the door
selected. If the
Top answer:
To find the expected value of the selection, we need to multiply the value of each prize by the
Read more.
On T.V. game show, the constestant is asked to select a door and then is rewarded with the prize behind the door selected. If
Top answer:
1/3*(40000+3+50)
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on a tv game show, the contestant is asked to select a door and then is rewrded with the prize behind the door selected. if the
Top answer:
expected value= 1/3 * 40,000 + 1/3*3 + 1/3 * 50 expected value is the sum of the products of the
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On a TV game show, the contestant is asked
to pick one of three doors. Behind each door are two large boxes to choose from. The
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What is the probability of winning the grand prize? d) What is the probability of winning a good
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