anonymous
  • anonymous
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?
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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chestercat
  • chestercat
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PaxPolaris
  • PaxPolaris
\[\Large \frac14 \cdot 500 +\frac 14 \cdot 200 \ -\frac 12 \cdot 375\]
anonymous
  • anonymous
A) -$12.50 B) $108.33 C) $325 D) $362.50 Hint
PaxPolaris
  • PaxPolaris
do the math...

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anonymous
  • anonymous
It's -$12.50
PaxPolaris
  • PaxPolaris
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