Assessment 1 Practice Question Lumos StepUp High School Geometry - Mathematics Practice test + Workbook

Lumos StepUp High School Geometry - Mathematics Practice test + Workbook Assessment 1

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There is a game of chance where the outcome is a random integer from 1 to 8. You can place one of two bets in the game. Bet A costs $10 to place. If the random integer outcome is a 5, the bet returns a payout of $98. Otherwise it returns nothing. Bet B costs $8 to place. If the random integer outcome is an even number, the bet returns a payout of $24. Otherwise, it returns nothing. Which bet is a better deal?


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