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wert Select gle idichange AD ADP G Google RC Hotpoint Oven Not Heati.. Sign in to your Microsoft.. Appliance-HVAC Parts & 2 Inbox -le! Search . Share | More » . Safety Discrete Probability Distribution ??? imagine you are in a game show, where Now, let us start the money give-awayt There are 4 prizes hidden on a game board with 16 spaces. One prize is wordh S4000, another is worth $1500, and two are worth $1000 But, waint!! You are also told that, in the rest of the spaces, there will be a bll of $50 that you have to pay to the host as a penalty for not making the "wise" choice OK, you are hucky that you only have to pay $50 for making a bad choice, Imagine that you fasled to answer the question asked by n the Monny Python and the Holy Grail But, of course, it is a much kinder and gestler world now than the time of King Anbur and his knightsExplanation / Answer
We calculate the expected value
E(x) = 1/16* (4000)+2/16*1000+1/16*1500 - 12/16*50= 431.25
We should play the game because expected value of 431.25 >400
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