Maurice Tutor

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About Maurice Tutor

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Expertise:
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Teaching Since: May 2017
Last Sign in: 406 Weeks Ago, 3 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Computer Science Posted 19 Sep 2017 My Price 3.00

gambling casino

At a gambling casino, a ball will be drawn from a bin containing 43 red balls, 27 green balls, and 8 blue balls. A player marks a game card with the color he or she believes will be picked. The prize money for guessing the correct color is

* Red: $3.00

* Green: $6.00

* Blue: $10.00

a. Find the expected value of the prize money.

b. If the price of the game card is $5.00 and 100 games are played in an evening, how much profit will the casino expect to make?

Answers

(5)
Status NEW Posted 19 Sep 2017 12:09 PM My Price 3.00

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