If X Is the Net Gain to a Player in a Game

question 86

Multiple Choice

If x is the net gain to a player in a game of chance, then E(x) is usually negative. This value gives the average amount per game the player can expect to lose over the long run. A service organization is selling $2 raffle tickets as part of a fundraising program. The first prize is a boat valued at $2950, and the second prize is a camping tent valued at $400. In addition to the first and second prizes, there are twenty-four $23 gift certificates to be awarded. The number of tickets sold is 3000. Find the expected net gain to the player for one play of the game. Round your answer to the nearest cent.

• A) \(\$\) 1122.33
• B) \(\$\) 1.40
• C) \(\$\) 0.70
• D)-$0.7
• E)-$1122.33

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Definitions:

Ovulation

The release of an oocyte from the ovary during the ovarian cycle.

Intercourse

The act of sexual contact between individuals, often referring specifically to penile-vaginal penetration.

Conceptus

The embryo and its associated membranes and structures from conception until development into a recognizable fetus.

Amniotic Sac

A sac that holds the embryo (and later fetus). Also called the bag of water.