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Mathematics 15 Online
Jbaena1:

Man i love math... Little Help here! Two teams, A and B, are about to play a game. Previous records show that A has an 80% chance of winning, while B has a 20% of winning. Spectators can either choose to buy regular tickets or special tickets. A spectator with a special ticket will receive a refund of $2 if team A wins and a refund of $5 if team B wins. How much extra, minimally, should the special ticket cost to cover the expected value of the refunds offered? $16.00 $2.60 $26.00 $3.00 $10

ThisGirlPretty:

@Shadow

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