## A community for students. Sign up today

Here's the question you clicked on:

## sheaangel 3 years ago You are playing a game where you have 1 - 4 a chance of winning $500, 1 - 4 chance of winning$200 and 1 - 2 chance of losing $375. What is your expected payoff? • This Question is Closed 1. PaxPolaris $\Large \frac14 \cdot 500 +\frac 14 \cdot 200 \ -\frac 12 \cdot 375$ 2. sheaangel A) -$12.50 B) $108.33 C)$325 D) $362.50 Hint 3. PaxPolaris do the math... 4. sheaangel It's -$12.50

5. PaxPolaris

$\Huge \checkmark$

#### Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy