A spinner game has a wheel with the numbers 1 through 40 marked in equally spaced slots. You pay $1 to play the game. You pick a number from 1 to 40. If the spinner lands on your number, you win $35. Otherwise, you win nothing. Find the expected net winnings for this game. (Round your answer to two decimal places.) $

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.8: Probabilities Of Disjoint And Overlapping Events
Problem 30E
icon
Related questions
Question
A spinner game has a wheel with the numbers 1 through 40 marked in equally spaced slots. You pay $1 to play the game. You pick a number from 1 to 40. If the
spinner lands on your number, you win $35. Otherwise, you win nothing. Find the expected net winnings for this game. (Round your answer to two decimal places.)
$
Transcribed Image Text:A spinner game has a wheel with the numbers 1 through 40 marked in equally spaced slots. You pay $1 to play the game. You pick a number from 1 to 40. If the spinner lands on your number, you win $35. Otherwise, you win nothing. Find the expected net winnings for this game. (Round your answer to two decimal places.) $
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Recommended textbooks for you
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning