5 Questions
What is the concept closely related to expected value?
Weighted average
What is the probability of winning $3 in the game?
$rac{1}{6}$
What happens if the die shows a 6 in the game?
You have to pay $18
How is the expected value calculated in the game?
By multiplying each outcome by its probability and summing the results
What is the probability of winning $5 in the game?
$rac{1}{6}$
Test your understanding of expected value and tree diagrams in the context of public and occupational health with this quiz. Assess your knowledge of calculating expected gain or loss in a game of chance and interpreting tree diagrams.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free