how im gonna create a problems based on the following info. 2.armand wins 5 tickets from every game. beatriz wins 10 tickets from every game. tomaws wins 15 tickets from every game
pleaseeeeeee heeeelllpppp meeeee
Answers
Answer:
Expected value is exactly what you might think it means intuitively: the return you can expect for some kind of action, like how many questions you might get right if you guess on a multiple choice test.
For example, if you take a 20 question multiple-choice test with A,B,C,D as the answers, and you guess all “A”, then you can expect to get 25% right (5 out of 20). The math behind this kind of expected value is:
The probability (P) of getting a question right if you guess: .25
The number of questions on the test (n)*: 20
P x n = .25 x 20 = 5
*You might see this as X instead.
This type of expected value is called an expected value for a binomial random variable. It’s binomial because there are only two possible outcomes: you get the answer right, or you get the answer wrong.