Get Full Access to SBAC Master Course - Grade 10 Mathematics
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Online ProgramA spin on the casino "wheel of chance'' gives you an equal opportunity to land on 4 spots. The probability of landing on each spot is then 1 in 4, or 0.25. Each spot has its own payout value as shown below. Find the expected value after one spin.
Section 1: $100
Section 2: -$100
Section 3: $250
Section 4: -$250