A competition o ers prize money for players reaching the nal. If a player reaches the nal, he/she will get 1000 dollars. If the player wins the nal and get the champion, another 1000 dollars are o ered. Now a player has already reached the semi- nal, what's the expectation of prize money he would have after the competition?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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A competition o ers prize money for players reaching the nal. If a player reaches
the nal, he/she will get 1000 dollars. If the player wins the nal and get the champion,
another 1000 dollars are o ered. Now a player has already reached the semi- nal, what's
the expectation of prize money he would have after the competition?

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