Mathematics, 26.05.2021 01:00 bella7179
PLEASE HELP WITH A RIGHT ANSWER Arthur is a game show contestant and is offered a choice. He may accept $1500 cash or take a chance at playing a game where he could win $5000. The game consists of drawing two slips of paper from a hat, without replacement. The hat contains 10 slips of paper numbered with consecutive multiples of 4, beginning with 4 and ending with 40. If both slips of paper selected are less than 16, Arthur wins $5,000. If Arthur opts to play the game and loses, he does not receive any money at all. Which statement correctly explains the choice Arthur should make to win the most money?
-arthur should accept the $1500 and not play the game. the mathematical expectation of the game is $450
$450
-Arthur should not accept the $1500 and play the game. The mathematical expectation of the game is $450
-Arthur should not accept the $1500 and play the game. The mathematical expectation of the game is $333.33
-Arthur should accept the $1500 and not play the game. The mathematical expectation of the game is $333.33β
Answers: 2
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PLEASE HELP WITH A RIGHT ANSWER Arthur is a game show contestant and is offered a choice. He may acc...
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