Provide an appropriate response.A game is said to be "fair" if the expected value for winnings is 0, that is, in the long run, the player can expect to win 0. Consider the following game. The game costs $1 to play and the payoffs are $5 for red, $3 for blue, $2 for yellow, and nothing for white. The following probabilities apply. What are your expected winnings? Does the game favor the player or the owner? 
What will be an ideal response?
The expected winnings are -$0.46. the game is not fair, and it favors the owner of the game.
You might also like to view...
Perform the indicated arithmetic.-5
÷ 2
A. -1
B. -1
C. 1
D. -2
Solve the problem.If a ball is thrown upward with a velocity of 18 feet per second, its height h in feet above the ground after t seconds can be approximated using the formula 
Find the height of the ball after 0.5 seconds.
A. 18 ft B. 81 ft C. 9 ft D. 4 ft
Verify the identity.cos 4? = 2 cos2(2?) - 1
What will be an ideal response?
Solve the problem.A family is driving from Algebraville to Geometry City to Trig Town. With reference to the origin, Algebraville is located at 
, Geometry City at 
, and Trig Town at 
, all numbers being in 1000-mile units. Find the distance from Algebraville directly to Trig Town. If necessary, round your answer to the nearest whole number.
A. 9220 mi B. 16,553 mi C. 15,000 mi D. 15 mi