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sheaangel
Group Title
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?
 2 years ago
 2 years ago
sheaangel Group Title
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?
 2 years ago
 2 years ago

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PaxPolaris Group TitleBest ResponseYou've already chosen the best response.0
\[\Large \frac14 \cdot 500 +\frac 14 \cdot 200 \ \frac 12 \cdot 375\]
 2 years ago

sheaangel Group TitleBest ResponseYou've already chosen the best response.1
A) $12.50 B) $108.33 C) $325 D) $362.50 Hint
 2 years ago

PaxPolaris Group TitleBest ResponseYou've already chosen the best response.0
do the math...
 2 years ago

sheaangel Group TitleBest ResponseYou've already chosen the best response.1
It's $12.50
 2 years ago

PaxPolaris Group TitleBest ResponseYou've already chosen the best response.0
\[\Huge \checkmark\]
 2 years ago
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