What is the property of (18+13)-13 and 18

The expectation to play the game is $2.5 and the fair price to play is $7.5.

What is the expectation?

The expectation is defined as the weighted average value of the random variable which is the product of the value of the random variable and its possibility.

Expectation= ∑P(win)*amount of win or loss of random variable

=∑x*P(x)

Here given that there are only two possible outcomes $5 and $10. And the possibility of every outcome is the same which is 0.5 as they occupy the same area.

As we know

Expectation= ∑P(win)*amount of win or loss of random variable

= 0.5(5-5) +0.5(10-5)

=0.5*0 + 0.5*5

=0+2.5

=$2.5

As fair price= expectation + cost of play

⇒fair price= $2.5 + $5

⇒fair price= $7.5

Therefore the expectation to play the game is $2.5 and the fair price to play is $7.5.

Learn more about expectation

here: brainly.com/question/10675141

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Answer:

(a)

(b)

Step-by-step explanation:

First pic is a second is b

Answer:

Step-by-step explanation:

3/4-2/15=37/60(0.62)

HOPE THIS HELPS!!!!!!!!!

Answer:

y - 5 = 3(x - 2)

Step-by-step explanation:

Point Slope Form: y – y1 = m(x – x1)

y1 represents the y-coordinate

x1 represents the x-coordinate

m represents the slope