Mathematics, 28.07.2021 01:00 kacr7292
If you wanted to make a game where you pay $5 if you can't guess a random dogs weight within 16lbs what payout should you offer you make the game zero-expected value
Answers: 3
![E[netpay]=0=(-5) \times 0.9544+w\times (1-0.9544)\\\\ w =(5 \times \frac{0.9544}{1-0.9544}) =\$ 104.65](/tpl/images/1400/7174/e5318.png)
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