Question

You pay Rs 10 to play a game. A number between 1 and 100 is shown to you. You then pick a number
randomly from 1 to 100. If you get the number that is shown, you win Rs 1000. What is your expected
value?but i need expected value not ratio kindly help​

Answer 1

Answer:

In one possible bet, the player bets $1 on a single number. If that ... When the winning number is spun, you are paid $36 on that number. ... If they match 5 numbers, then win $1,000.