a die lands on the number 2, you win $100. Otherwise, you lose $15. hat is he expected value? hould you play the game? = 4.17, yes -4.17, no 16.67, yes -16.67, no

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section: Chapter Questions
Problem 9CC
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Question
If a die lands on the number 2, you win $100. Otherwise, you lose $15.
What is he expected value?
Should you play the game?
O 4.17, yes
-4.17, no
O 16.67, yes
O -16.67, no
Transcribed Image Text:If a die lands on the number 2, you win $100. Otherwise, you lose $15. What is he expected value? Should you play the game? O 4.17, yes -4.17, no O 16.67, yes O -16.67, no
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