Chapter Closure
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Shaded Measure: m∠ ACB=72^(∘)
Method: See solution.
This means per spin, the probability of winning is 14. This means that we have a 14 chance of winning $1000 and 34 chance of winning nothing ($0). The expected value for one spin is the sum of the winnings
multiplied by their probabilities.
E = $1000 1/4 + $0 3/4 = $250
The expected value for one spin is $250.
winningsmultiplied by their probabilities.
E = $1000 1/360 + $0 359/360 ≈ $2.77 The expected value for one spin is approximately $2.77.
E= $200
.LHS /$1000.=.RHS /$1000.
Write as a fraction
Rearrange equation
LHS * 360^(∘)=RHS* 360^(∘)
1/b* a = a/b
Calculate quotient