Find the Expected Value

question 27

Multiple Choice

Find the expected value.
-You are given 16 to 1 odds against tossing 4 tails in 4 tosses of a fair coin. This means that you win $16 if you succeed and you lose $1 if you fail. Find the expected value (to you) of the game. Round
To the nearest cent.

• A)$0.06
• B)-$0.06
• C)$0.13
• D)$1.00

---

Definitions:

Hydrogenation

The chemical process of adding hydrogen to an organic compound, often to reduce double or triple bonds to single bonds.

Molecular Formula

A representation of the number and type of atoms in a molecule, without indicating how the atoms are bonded or arranged.

Natural Product

A chemical compound or substance produced by a living organism, found in nature.

IUPAC Name

The systematic name for a chemical substance as designated by the International Union of Pure and Applied Chemistry (IUPAC) guidelines.