Question 9 First attempt

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Anouk and Tessa are playing a game where a player flips a coin. If the coin lands on heads, the player receives 1 point. If
Report: Expected value
the coin lands on tails, the player receives 2 points.
100%

The expected value of a turn is 1.5 points. 1/4 A player can get either 1 or 2 points on a turn, but not 1.5 points.

1
Which of the following statements are true?
Incorrect
Choose all answers that apply: The expected value of a fair 6-sided die is 3.5.
Which of the following statements are true?
A The total number of points from 2 turns must be exactly 3 points.
Choose all answers that apply:
B It is possible for a player to get 1.5 points on a turn.
3.5 is one of the possible outcomes of
A
rolling a fair 6-sided die.
2 2/4 The total number3of points from 2 turns could be 3 points, but it doesn't
Incorrect Correcthave to be. For example,
if a player flipped heads on both turns, they would receive 1 + 1 = 2 total points.
Annie is participating in a winner-take-all World Series of X is a discrete random variable. The graph below
3/4 Expected value is the average outcome if a procedure could be repeated a large number of times,
Poker tournament that costs 10 thousand dollars to defines a probability distribution for X .
meaning that if they play a large number of turns, they should expect to get about 1.5 points per
enter. The prize for winning the tournament is 500
turn.
thousand dollars. Annie estimates that there is a 0.5% What is the expected value of X ?
chance that she will win the tournament.
4/4 The only true statement is given below:
If they play a large number of turns, they should expect to average about 1.5 points per turn.
Find the expected value of entering the tournament for
Annie.

thousand dollars
C If they play a large number of turns, they should expect to average about 1.5 points per turn.
A fair 6-sided die is more likely to land on
B
the number 4 than the number 6.

If you rolled a fair 6-sided die a large

number of times, you should expect the
C
average of the numbers rolled to be about
3.5.

5 Incorrect

6 Correct
The expected value of the sum of two fair 6-sided dice is
7.
X is a discrete random variable. The table below defines
a probability distribution for X .
Which of the following statements are true?
4 Correct
Choose all answers that apply: What is the expected value of X ?
Alice is riding the train to her job in Paris, France. She
accidentally purchased a ticket for zone 4, but she is
No matter how many times you roll two fair
travelling to zone 5. She has decided to risk it and stay
on the train until zone 5 with the incorrect ticket. If the
6-sided dice, the average of the sum of the
A x P (X = x)
 transit authorities check tickets on the train, she will dice will be exactly 7. x P (X = x)
have to pay a fine. Question 9 First attempt
0 0.3
Alice estimates that there is a 5% chance that the B The sum of two fair 6-sided dice could be 5.
3 0.5
transit authorities will check tickets. The fine for having
Responses Draw Hints 7 0.1
Anouk and Tessa are playing a thegame where
wrong ticket is 300
a player flips a coin.
euros. TheIf ticket
the coin
shelands on heads, the player receives 1 point. If
purchased
the coin lands on tails, the player
costreceives 2 points.
her 5 euros. If the first die lands on 4, the second die will
C 10 0.1
always land on 3.
1.5 the
The expected value of a turn isFind total expected cost of Alice's train ride.
points. 1/4 A player can get either 1 or 2 points on a turn, but not 1.5 points.
9 Correct
2/4 The total number of points from 2 turns could be 3 points, but it doesn't have to be. For example,
Which of the following statements are true? euros
if a player flipped heads on both turns, they would receive 1 + 1 = 2 total points.
Anouk and Tessa are playing a game where a player flips
Choose all answers that apply: 1 a large number of times,
3/4 Expected value is athe
coin. If the outcome
average coin landsif on heads, thecould
a procedure playerbereceives
repeated
point.
meaning that if they If athe
play coin
large lands on
number of tails,
turns,the player
they receives
should 2 to get about 1.5 points per
expect
turn. points.
A The total number of points from 2 turns must be exactly 3 points.
4/4 The only true statement is given below:
The expected value of a turn is 1.5 points.
If they play a large number of turns, they should expect to average about 1.5 points per turn.
B It is possible for a player to get 1.5 points on a turn. Which of the following statements are true?
8 Incorrect

Choose all answers that apply:

Ivy is in Las Vegas and bet on her favorite team, the
C If they play a large number of turns, they should expect to average about 1.5 points per turn.
Denver Dragons, to beat the Seattle Sea Turtles.
It is possible for a player to get 1.5 points
A
7 Correct If the Denver Dragons win, she will win 10 dollars. If the on a turn.
Seattle Sea Turtles win, she will lose 11 dollars (the extra
X is a discrete random variable. The graph below dollar is commission). Ivy estimates that there is a 50%
If they play a large number of turns, they
defines a probability distribution for X . chance of the Denver Dragons winning (there cannot be
B should expect to average about 1.5 points
a tie).
per turn.
What is the expected value of X ?
Find the expected return of placing this bet.
The total number of points from 2 turns
C
dollars must be exactly 3 points.

11 Incorrect
 In Las Vegas, a particular sports bet has about a 30% 12 Correct
Question 9
chance of winning.
If the bet wins, the bettor will win 15 First attempt
dollars. If the bet loses, the bettor will lose 10 dollars. X is a discrete random variable. The table below defines
10 Correct a probability distribution for X .
The expected return of placing one of these bets is Draw Hints
Responses
Anouk and Tessa are playing a game where a player flips a coin. If the coin lands on heads, the player receives
−2.50 dollars. 1 point. If
X is a discrete random variable. The graph below What is the expected value of X ?
the coin lands on tails, the player receives 2 points.
defines a probability distribution for X .
Which of the following statements are true?
The expected value of a turn is 1.5 points. 1/4 A player can get either 1 or 2 points on a turn, but not 1.5 points.
What is the expected value of X ?
Choose all answers that apply:
Which of the following statements are true?
2/4 The total number ofxpoints (X =2 turns
P from x) could be 3 points, but it doesn't have to be. For example,
if a player flipped heads on both turns, they would receive 1 + 1 = 2 total points.
It is possible for a bettor to place 2 of these
−7 0.2
Choose all answers that apply: A
bets and win both of them. 3 / 4 Expected value is the average outcome if a procedure could be repeated a large number of times,
−3 0.1
meaning that if they play a large number of turns, they should expect to get about 1.5 points per
turn. 3 0.4
A The total number of points from 2 turns must be exactly 3 points. If a bettor places a large number of these
B 4 / 4 a The
bets, they should expect to average return 7 is given0.3
only true statement below:
of about −2.50 dollars per bet. If they play a large number of turns, they should expect to average about 1.5 points per turn.
B It is possible for a player to get 1.5 points on a turn.

The average return per bet from 2 of these 15 Correct

C
bets must be exactly −2.50 dollars.
C If they play a large number of turns, they should expect to average about 1.5 points per turn.
John just bought a brand new cell phone and is
considering buying a warranty. The warranty costs 200
euros and is worth 1000 euros if his phone breaks.
John
estimates that there is a 10% chance of his phone
breaking.

Find the expected value of buying the warranty.

13 Incorrect euros

Worldwide Oil Transport Incorporated is considering

hiring a small oil spill response team to follow one of
their ships from Alaska to Russia.
14 Incorrect

The oil spill response team would cost 50 thousand

A teetotum is a spinning top that has an equal
dollars but would save an estimated 2500 thousand
probability of landing on each side. The expected value
dollars in the event of an oil spill. The ship is estimated
of one spin of a 12-sided teetotum (labeled with the
to have a 1% chance of generating an oil spill.
numbers from 1 to 12) is 6.5.
Find the expected value of hiring the oil spill response
Which of the following statements are true?
team.

Choose all answers that apply:

thousand dollars

Th ld l d h b 10
 The teetotum could land on the number 10.
A
Question 9 First attempt

The teetotum is more likely to land on the

B
number 6 than any other number.
Responses Draw Hints
Anouk and Tessa are playing a game where a player flips a coin. If the coin lands on heads, the player receives 1 point. If
the coin lands on tails, the player receives 2 points.
No matter how many times you spin the
16 Correct
The expected value of a turn is 1.5 points. C teetotum, the average number1 /from A player can get either 1 or 2 points on a turn, but not 1.5 points.
4 the
spins will be exactly 6.5.
X is a discrete random variable. The graph below 2/4 The total number of points from 2 turns could be 3 points, but it doesn't have to be. For example,
Which of the following statements are true?
defines a probability distribution for X . if a player flipped heads on both turns, they would receive 1 + 1 = 2 total points.
Choose all answers that apply:
What is the expected value of X ? 3/4 Expected value is the average outcome if a procedure could be repeated a large number of times,
meaning that if they play a large number of turns, they should expect to get about 1.5 points per
turn.
A The total number of points from 2 turns must be exactly 3 points.
4/4 The only true statement is given below:
If they play a large number of turns, they should expect to average about 1.5 points per turn.
B It is possible for a player to get 1.5 points on a turn.

C If they play a large number of turns, they should expect to average about 1.5 points per turn.