Respuesta :
I think the answer would be -$5.17 because you would have to find the unexpected value.
I think the answer to this picture is 0.122
Game:
1/36(94) + 35/36(-8) = 94/36 -280/36 = -186/36 = -5.17
4. Add the probabilities together for 5 and under:
0.122 + 0.061 + 0.022 + 0.006 + 0.001 = 0.212
Airline :
Given: P = 70, P = 97% = 0.97, q = 1-0.97 = 0.03
Probability of being greater than 68:
(70 * 0.97^69 * 0.03^1) + (1*0.97^70*1)
= 0.2567 + 0.1185
= 0.375