A boardwalk game of chance costs $1 to play. You have a 25% chance of winning $1 back, a 20% chance of winning $2 (your $1 back, plus an additional $1), and a 10% chance to win $5 (a gain of $4). What

A boardwalk game of chance costs $1 to play. You have a 25% chance of winning $1 back, a 20% chance of winning $2

(your $1 back, plus an additional $1), and a 10% chance to win $5 (a gain of $4). What is the expected value of playing
the game if you lose your bet 45% of the time?
A. -$1.00
B. -$0.25
C.-$0.15
D. $0.15

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A boardwalk game of chance costs $1 to play. You have a 25% chance of winning $1 back, a 20% chance of winning $2 (your $1 back, plus an additional $1), and a 10% chance to win …

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