Question
I am going to play a game of chance but I want to know if it's worth my while on average if I played the
I am going to play a game of chance but I want to know if it's worth my while on average if I played the game over and over what amount would I expect to win I am going to play a game of chance but I want to know if it's worth my while on average if I play the game over and over what amount would I expect to win (+$) or lose (-$) On average per game that is the meaning of the probability distribution that describes the game it also call the game expected value The game I'm playing cost five dollars to play the jackpot I will win is 100,000 I have 23,500 ways to make an entry but only one will win the jackpot what is the expected value of this game rounded to the nearest cent
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