Mathematics, 05.11.2020 21:40, barbie1salome

A game of chance is played with a deck of 100 cards, numbered from 1 to 100. If 1 to 50 is drawn, the player wins $0. If 51 to 80 is drawn, the player wins $7. If 81 to 100 is drawn, the player wins $9. If each play of the game cost $5, what is the expected payoff?
A)
-$3.90
B)
-$1.10
C)
$1.10
D)
$3.90

Answers: 3

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A game of chance is played with a deck of 100 cards, numbered from 1 to 100. If 1 to 50 is drawn, th...