To find: The expected pay off of the game.
Answer to Problem 67RE
The answer:
Explanation of Solution
Given information:
A fair coin toss
Calculation:
Based on the given information the expected pay off of the game,
Therefore, the required expected pay off of the game is
To find: The derivative of the series on the right side.
Answer to Problem 67RE
The answer:
Explanation of Solution
Given information:
A fair coin toss
Calculation:
Hence, the first derivative of
To use the Term-by-Term Differentiation, the derivative of the series on the right side is:
Therefore, the required derivative of the series on the right side is
To find: The series.
Answer to Problem 67RE
The answer:
Explanation of Solution
Given information:
A fair coin toss
Calculation:
From part
By multiplying both sides of the equation by
Therefore, the required series is
To find: The expected payoff.
Answer to Problem 67RE
The answer: The expected payoff is
Explanation of Solution
Given information:
A fair coin toss
Calculation:
If
Based on part
So,
Therefore, the required expected payoff is
Chapter 9 Solutions
CALCULUS:GRAPHICAL,...,AP ED.-W/ACCESS
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