Mathematics, 17.03.2022 05:30, firstone04kr

Suppose you enter a contest where your probability of coming in first place is 0.24 and your probability of coming in second place is 0.19. If you come in first place, you win $84. If you come in second place, you win $32. If you don't come in first or second place, you have to pay $69. What is the expected value of this game? Answer = $ Round your answer to the nearest penny/cent (two decimal places).Include a negative sign, if appropriate.

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Suppose you enter a contest where your probability of coming in first place is 0.24 and your probabi...