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In a game, you have a 1/36 probability of winning $85 and a 35/36 probability of losing $4. what is your expected value? (don't include dollar sign in your answer; just a p…

In a game, you have a 1/36 probability of winning $85 and a 35/36 probability of losing $4. what is your expected value? (don't include dollar sign in your answer; just a p…
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4 votes
In a game, you have a 1/36 probability of winning $85 and a 35/36 probability of losing $4. what is your expected value? (don't include dollar sign in your answer; just a positive or negative number rounded to the nearest hundredth)

asked
User Sagar Vaghela
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8.3k points

1 Answer

3 votes
The expected value is 6.25
answered
User Jason Harwig
by
8.0k points
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