Hi. topic is applicaion of probability which is expected outcomes.
1) Two cards are selectec at random from a normal playing pack with replacement. This experiment is repeated 2704 times with the cards being replaced each time.
a)What is the expected numbers of times the result would be two...
hi.
Can someone plz help me with this question its financial expectation: A fair die is thrown. what are the financial expectations of theses games?
a)Six wins $50 and not a six loses $25.
b)Een number wins $20 and an odd number loses $15.
(this question is not a multiple choice question)...