3. How is the expected payoff of an event different than the expected value of an event? a. The expected payoff takes into consideration the cost of the event, while the expected value of an event does not.

b. The expected value takes into consideration the cost of the event, while the expected payoff of an event does not.

c. The probability of each event is higher for expected payoff than for expected value.

d. none of the above

Match the functions with correct transformation. question 1 options: stretch by a factor of 4 shift to the left 3 shift up 3 compression by a factor of 4 shift to the right 1 shift to the left 1 compression by a factor of 1/2 reflection stretch by a factor of 1/2 shift to the right 3 shift down 3 functions 1. f(x) = 3^x 2. f(x) = |x-1| +3 3. f(x) = √(x+3) 4. f(x) = (x+1)²-3 5. f(x) = 1/2x^2 6. f(x) = 4|x| put the number of the function by the transformation