Find the Expected Value

question 232

Multiple Choice

Find the expected value.
-In a large casino, the house wins on one of its games with a probability of 51,000%. All bets are 1 : 1 . If you win, you gain the amount you bet; if you lose, you lose the amount you bet.
If patrons bet a total of $900,000 on this game in one evening, how much should the casino expect
To earn?

• A)$917,100,000
• B)$459,000,000
• C)$1.10052e+09
• D)$458,550,000

Recognize the historical shifts and ideologies behind the concepts of New Federalism and devolution.

Identify the role and criticisms of unfunded mandates in the relationship between federal and state governments.

Explain the principle of preemption and its implications for federal and state authority.

Understand the historical context and outcomes of key federal actions during the Great Depression.

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