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A "friend" offers you the following "deal". For a $10 fee, you may pick an envelope From a box containing 100 seemingly identical envelopes, each of which contains a cash prize. • 75 of the envelopes contain $4 • 22 of the envelopes contain $9 • 3 of the envelopes contain $100 Over the long run of playing this game, what are your expected average winnings per game? -$1.70 $8.30 $42.00 $7.98 O$2.15 $11.50 -$2.02 $13,00

A "friend" offers you the following "deal". For a $10 fee, you may pick an envelope From a box containing 100 seemingly identical envelopes, each of which contains a cash prize. • 75 of the envelopes contain $4 • 22 of the envelopes contain $9 • 3 of the envelopes contain $100 Over the long run of playing this game, what are your expected average winnings per game? -$1.70 $8.30 $42.00 $7.98 O$2.15 $11.50 -$2.02 $13,00

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A "friend" offers you the following "deal". For a $10 fee, you may pick an envelope from a box containing 100 seemingly identical envelopes, each of which contains a cash prize. • 75 of the envelopes contain $4 • 22 of the envelopes contain $9 3 of the envelopes contain $100 Over the long run of playing this game, what are your expected average winnings per game? -$1.70 $8.30 $42.00 $7.98 O-$2.15 $11.50 O -$2.02 $13.00
Transcribed Image Text:A "friend" offers you the following "deal". For a $10 fee, you may pick an envelope from a box containing 100 seemingly identical envelopes, each of which contains a cash prize. • 75 of the envelopes contain $4 • 22 of the envelopes contain $9 3 of the envelopes contain $100 Over the long run of playing this game, what are your expected average winnings per game? -$1.70 $8.30 $42.00 $7.98 O-$2.15 $11.50 O -$2.02 $13.00
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