Find the expected value.
-In a game, you have a $\frac { 1 } { 22 }$ probability of winning $89 and a $\frac { 21 } { 22 }$ Probability of losing $9. What is your expected
Value?
A)-$8.59
B)$12.64
C)$4.05
D)-$4.55

Question

Quizplus · Accepted Answer

The expected value is calculated as: (1/22 * $89) + (21/22 * -$9) = $4.05 - $8.59 = -$4.54, which rounds to -$4.55.

Find the Expected Value 122\frac { 1 } { 22 }221​

Find the Expected Value $\frac { 1 } { 22 }$