What is the probability of winning a game? Your answer is 1/4 . Write your answer in decimal number. b.   What is the probability of losing a game? Your answer is   Write your answer in decimal number. c. Suppose you pay $10 to play the game. You get $10 if you win. Otherwise, you lose the $10. What is your expected value of betting on “3”, “6”, “9”. Hint: 10 x (probability of winning) + (–10) x (probability of losing). Your answer is   Write your answer in decimal number. d. What is your expected value of betting on “3”, “6”, “9” for 50 times. Y

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter6: Ratio, Proportion, And Probability
Section6.8: The Multiplication Principle
Problem 18E
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Suppose you play a game of rolling a 12-face die. You win if you roll a “3” or “6” or “9”. Otherwise, you lose. a. What is the probability of winning a game? Your answer is 1/4 . Write your answer in decimal number. b.

 

What is the probability of losing a game? Your answer is

 

Write your answer in decimal number. c. Suppose you pay $10 to play the game. You get $10 if you win. Otherwise, you lose the $10. What is your expected value of betting on “3”, “6”, “9”. Hint: 10 x (probability of winning) + (–10) x (probability of losing). Your answer is

 

Write your answer in decimal number. d. What is your expected value of betting on “3”, “6”, “9” for 50 times. Your answer is

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