AP Statisticsmediummcq1 pt
A game costs 4 dollars to play and pays 10 with probability 0.5. The expected net gain per play is
A.1 dollar
B.5 dollars
C.6 dollars
D.-1 dollar
Explanation
Core Concept
Expected payout 5 minus cost 4 equals 1.
Correct Answer
A1 dollar
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