If a one, two, or three shows, the player receives the face value of the die in dollars, but if a four shows, the player is obligated to pay $4. If the probability of hitting oil is 3% and of hitting ...If a one, two, or three shows, the player receives the face value of the die in dollars, but if a four shows, the player is obligated to pay $4. If the probability of hitting oil is 3% and of hitting gas is 6%, find the expected value of sinking a test well. In a housing development, 35% of households have no school age children, 20% of households have 1 school age child, 25% of households have 2 school age children, 15% have 3, and 5% have 4 school age children.
