Suppose You Open a New Game at the County Fair

question 60

Multiple Choice

Suppose you open a new game at the county fair.When patrons win,you pay them $3.00; when patrons lose,they pay you $1.00.If the probability of a patron winning is p = .20,then how much can you expect to win (or lose) in the long run? Hint: You need to compute the expected value of the mean.

• A) win 0.20 cents per play
• B) win 0.60 cents per play
• C) lose 0.80 cents per play
• D) lose 2.20 dollars per play

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Definitions:

Obsessive-Compulsive

A condition characterized by intrusive thoughts that produce uneasiness, apprehension, fear, or worry; and behaviors aimed at reducing the anxiety associated with these obsessions.

Anxiety Disorders

A collection of psychological disorders marked by intense anxiety and fear that affect everyday activities.

Psychotic Disorders

A spectrum of mental health disorders characterized by detachment from reality, typically evidenced by delusions, hallucinations, disorganized thinking, and speech.

Etiology

refers to the study of the causes or origins of diseases or conditions, looking into factors that contribute to their development.