Answered: Supposed a certain game is fair and…

Supposed a certain game is fair and costs $6 if you lose and has a net payoff of $9 if you win. The only possible outcomes of the game are winning and losing. What is the probability of winning?

Algebra and Trigonometry (MindTap Course List)

4th Edition

ISBN:9781305071742

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter14: Counting And Probability

Section14.CR: Chapter Review

Problem 35E

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Supposed a certain game is fair and costs $6 if you lose and has a net payoff of $9 if you win. The only possible outcomes of the game are winning and losing.

What is the probability of winning?

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