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Consider the following game you spin the spinner.

label Mathematics
account_circle Unassigned
schedule 0 Hours
account_balance_wallet $5

if you spin 5, you win $5. if you spin 2, you win $2. If you spin 7, $7. a. list the elements in  the sample set. b. find the expected value for this game. c. is the game in your favor? explain 

Oct 16th, 2017

We assume that there are only three numbers 2,5 and 7

P(2) =1/3

P(5) =1/3

P(7) =1/3

Sample space = { 2,5,7}

Expected value = 1/3 (2+5+7) =14/3 >0

Yes the game is in my favor .

Feb 18th, 2015

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Oct 16th, 2017
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Oct 16th, 2017
Oct 16th, 2017
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