Suppose you play a game of chance in which five numbers are chosen from 0, 1, 2, 3, 4, 5, 6, 7, 8, 9. A computer randomly selects five numbers from zero to nine with replacement. You pay $2 to play and could profit $100,000 if you match all five numbers in order (you get your $2 back plus $100,000). Over the long term, what is your expected profit of playing the game? O You expect to lose $2. You expect to win $2. O You expect to lose $1. O You expect to win $1. O You expect to win $100,000.
Suppose you play a game of chance in which five numbers are chosen from 0, 1, 2, 3, 4, 5, 6, 7, 8, 9. A computer randomly selects five numbers from zero to nine with replacement. You pay $2 to play and could profit $100,000 if you match all five numbers in order (you get your $2 back plus $100,000). Over the long term, what is your expected profit of playing the game? O You expect to lose $2. You expect to win $2. O You expect to lose $1. O You expect to win $1. O You expect to win $100,000.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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
Transcribed Image Text:Suppose you play a game of chance in which five numbers are chosen
from 0, 1, 2, 3, 4, 5, 6, 7, 8, 9. A computer randomly selects five numbers
from zero to nine with replacement. You pay $2 to play and could profit
$100,000 if you match all five numbers in order (you get your $2 back plus
$100,000). Over the long term, what is your expected profit of playing the
game?
• You expect to lose $2.
You expect to win $2.
O
O You expect to lose $1.
You expect to win $1.
You expect to win $100,000.
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