2. A carnival game is played as follows: You draw a card from an ordinary deck. If you draw an ace, you win $5. You win $3 for a picture card and $10 for the three of spades. If you pick anything else, you lose $2. On average, how much money can the operator expect to make per customer? x | P(x) -S -3 ㅇ -10 x· P(x) 4/52 -20/52 12/52 -36/52 Expected value = M 1/52-10/2 2 35/52 X = the amount gain / loss of the operator 70/52 4/52 Σ [x-P(x)] 4/52 ~³0.08
2. A carnival game is played as follows: You draw a card from an ordinary deck. If you draw an ace, you win $5. You win $3 for a picture card and $10 for the three of spades. If you pick anything else, you lose $2. On average, how much money can the operator expect to make per customer? x | P(x) -S -3 ㅇ -10 x· P(x) 4/52 -20/52 12/52 -36/52 Expected value = M 1/52-10/2 2 35/52 X = the amount gain / loss of the operator 70/52 4/52 Σ [x-P(x)] 4/52 ~³0.08
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter4: Calculating The Derivative
Section4.1: Techniques For Finding Derivatives
Problem 64E: Dogs Human Age From the data printed in the following table from the Minneapolis Star Tribune on...
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