AnswersCREDIT RE-SEAT MNPS Integrated Math III IC S2 26-27Expected Value

Expected Value Answers

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21
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P(YG) =

Answer:

2/9

22
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For Mia, E(X) = .

Answer:

1/9

23

What is the expected value? Should you play the game?

A
3/13 points; yes, you should play the game
B
0 points; yes, the game is fair and you should play
C
–3/13 points; no, you should not play the game
24

For what expected value is a game fair?

A
E(X) < 0
B
E(X) = 0
C
E(X) = 1
D
E(X) > 0
25

points

Answer:

12

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