# Math

You are given 9 to 1 odds against tossing three heads with three coins, meaning you win \$9 if you succeed and you lose \$1 if you fail. (Find the expected value of the described game. Would you expect to win or lose money in 1 game? in 100 games? Explain.

1. 👍 2
2. 👎 0
3. 👁 2,535
1. (1/8*9)-(7/8*1) = 1.125-.875 = .25
100 games you are expected to lose
1 game you are equally likely to win or lose

1. 👍 0
2. 👎 0
2. You are given 55 to 44 odds against tossing three headsheads with three​ coins, meaning you win ​\$55 if you succeed and you lose ​\$44 if you fail. Find the expected value​ (to you) of the game. Would you expect to win or lose money in 1​ game?

1. 👍 0
2. 👎 0

## Similar Questions

Please check my work thanks!! A number cube with the numbers 1 through 6 is rolled. Find the given probability. 1. P(number < 2) (1 point) A. 1/6

asked by Matthew on March 6, 2013
2. ### Math: Probablity

A penny, a nickel, and a dime are flipped at the same time. Each coin can come out either heads (H) or tails (T). a. What name is given to the act of flipping the coins? b. There are eight elements in the sample space (i.e.,

asked by Anonymous on February 15, 2014
3. ### Statistics

In a gambling game a man is paid \$5 if he gets all heads or all tails when 3 coins are tossed, and he pays out of \$3 if either 1 or 2 heads show. what is his expected gain or loss of the 3 coins?

asked by Barney on May 6, 2017
4. ### Math

Darrin tosses a quarter and a penny 20 times. He gets heads on both coins twice. Compare the theoretical probability of getting heads on both coins with Darrin’s experimental probability of getting heads on both coins. Why might

asked by Anonymous on April 25, 2017
5. ### Math

Alice has two coins. The probability of Heads for the first coin is 1/4, and the probability of Heads for the second is 3/4. Other than this difference, the coins are indistinguishable. Alice chooses one of the coins at random and

asked by Anonymous on July 23, 2019
1. ### Math - Odds

If you toss three coins, what are the odds in favor of getting exactly two tails and one head? A. 3:8 B. 3:5 C. 5:3 D. 8:3 can you explain this? i can do odds but this is confusing me.

asked by bubbie on May 28, 2013
2. ### Data Management

A confident and boastful coach claims that on the next league game the odds of his team winning are 3:1; the odds against losing are 5:1; and the odds against a tie are 7:1. Can these odds be right? Explain.

asked by Alejandro on January 21, 2014
3. ### Algebra Probability

A coin is tossed twice. What is the probability of tossing heads, and then tails, given that the coin has already shown heads in the first toss?

asked by Algebra Probability on March 18, 2018
4. ### Maths

Two identical biased coins are tossed together, and the outcome is recorded. After a large number of trials it is observed that the probability that both coins land showing heads is 0.36. What is the probability that both coins

asked by Harry on July 12, 2019
5. ### math

You are given 5 to 4 odds against tossing three heads with three​ coins, meaning you win ​\$5 if you succeed and you lose ​\$4 if you fail. Find the expected value​ (to you) of the game. Would you expect to win or lose money

asked by tom on December 11, 2019