Find the Expected Value

question 199

Multiple Choice

Find the expected value.
-In a game, you have a 1/43 probability of winning $82 and a 42/43 probability of losing $6. What is your expected winning?

• A)$7.77
• B)$1.91
• C)-$3.95
• D)-$5.86

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Definitions:

Power

The capacity or ability to direct or influence the behavior of others or the course of events, often within social, economic, or political contexts.

Dominance

The power or influence one entity has over others, often seen in social, economic, or ecological contexts.

Abstinence Pledges

Commitments often made by individuals, particularly teenagers, to abstain from sex until marriage.

Virginity

A social and cultural concept often defined as the state of having never engaged in sexual intercourse.