24
AssignmentDropdown

Expected Value

Question 24 • CREDIT RE-SEAT MNPS Integrated Math III IC S2 26-27

For what expected value is a game fair?

Answer
A
E(X) < 0
B
E(X) = 0
C
E(X) = 1
D
E(X) > 0

Explanation

A fair game has no expected net gain or loss for either player. Therefore, the expected value of the game is 0, so the correct choice is “E(X) = 0.”

AI-written and checked against the verified answer.

Previous
Next