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John was about to start a game with his friend. He calculates the probability of his winning/losing versus the amount of points he would
John was about to start a game with his friend. He calculates the probability of his winning/losing versus the amount of points he would win/lose. He concluded the expect value of the game was a negative number. What is his conclusion? The game is set up in his favor. "The odds are for him" The game is set up NOT in high favor. "The odds are against him" The game is set up fairly. There is no advantage or disadvantage to this game. Question 79 (1 point) A local high school is having a raffle. Tickets are $30 and 200 of them have been sold. The prizes are a $40, $60 and $100 gift card. = what is the expected value of this problem? Round to two decimals places if necessary
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