Find the expected value of the proposition.
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 70E: Determine if the statement is true or false. If the statement is false, then correct it and make it...
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Suppose a basketball player has made 213 out of 427 free throws. If the player makes the next 2 free throws, I will pay you $115. Otherwise you pay me $37. Step 1 of 2 : Find the expected value of the proposition. Round your answer to two decimal places. Losses must be expressed as negative values.
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