Mathematics, 15.12.2020 20:00 tynitenaire

A$200 prize is offered in the Big Bills game. One entry costs $5.00. What would the minimum chance to win have to be to give a positive expected value to a player of Big Bills?
OA greater than 1
5
OB. greater than 1
20
Oc greater than 1
40
OD. greater than 1
10
OE. greater than 1
30

Answers: 1

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A$200 prize is offered in the Big Bills game. One entry costs $5.00. What would the minimum chance t...

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A$200 prize is offered in the Big Bills game. One entry costs $5.00. What would the minimum chance to win have to be to give a positive expected value to a player of Big Bills? OA greater than 1 5 OB. greater than 1 20 Oc greater than 1 40 OD. greater than 1 10 OE. greater than 1 30

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Another question on Mathematics

A$200 prize is offered in the Big Bills game. One entry costs $5.00. What would the minimum chance to win have to be to give a positive expected value to a player of Big Bills?
OA greater than 1
5
OB. greater than 1
20
Oc greater than 1
40
OD. greater than 1
10
OE. greater than 1
30