Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 6 - Review - Review Exercises - Page 355: 4b

Answer

If I play the game 140 ($4\times35$) times, it is expected that I will lose $16.24

Work Step by Step

$E(loss)=4\times35\times0.116=16.24$
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