Question 14 First attempt

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A teetotum is a spinning top that has an equal probability of landing on each side. The expected value of one spin of a
Report: Expected value
12-sided teetotum (labeled with the numbers from 1 to 12) is 6.5. 100%

Which of the following statements are true? 1/4 1

The teetotum has a chance of landing on each number from 1 to 12.
12
​

Choose all answers that apply: 1 Incorrect 2 Incorrect 3 Correct

Of course, the teetotum could land on the number 10.

The expected value of a fair 6-sided die is 3.5. Annie is participating in a winner-take-all
2 / World
4 Series
The of
expected X isis 6.5
value a discrete random
, but that variable.
doesn't The the
mean that graph below6 is most likely: each side is
number
A No matter how many times you spin the teetotum, the average number from the spins will be
Poker exactly 6.5
tournament . costs 10 thousand dollars
that to
equally likely. defines a probability distribution for X .
Which of the following statements are true? enter. The prize for winning the tournament is 500
thousand dollars. Annie estimates that3there
/ 4 is aIf0.5%
you spin the teetotum
What isathe
large numbervalue
expected
of times,
of X ?you should expect the average number to be
B The teetotum is moreChoose allland
likely to answers that
on the apply: 6 than any other number.
number chance that she will win the tournament. about 6.5. However, this isn't necessarily true for a small number of spins. For example, if you spin
the teetotum twice, you could get a 1 and then a 3 for an average of 2!
Find the expected value of entering the tournament for
3.5 is one of the possible outcomes of Annie. 4/4 The only true statement is given below:
C on the number 10.
The teetotum could land A
rolling a fair 6-sided die. The teetotum could land on the number 10.
thousand dollars
A fair 6-sided die is more likely to land on
B
the number 4 than the number 6.

If you rolled a fair 6-sided die a large

number of times, you should expect the
C
average of the numbers rolled to be about
3.5.

5 Incorrect

6 Correct
The expected value of the sum of two fair 6-sided dice is
7.
X is a discrete random variable. The table below defines
a probability distribution for X .
Which of the following statements are true?
4 Correct
Choose all answers that apply: What is the expected value of X ?
Alice is riding the train to her job in Paris, France. She
accidentally purchased a ticket for zone 4, but she is
No matter how many times you roll two fair
travelling to zone 5. She has decided to risk it and stay
on the train until zone 5 with the incorrect ticket. If the
6-sided dice, the average of the sum of the
A x P (X = x)
 transit authorities check tickets on the train, she will dice will be exactly 7. x P (X = x)
have to pay a fine. Question 14 First attempt
0 0.3
Alice estimates that there is a 5% chance that the B The sum of two fair 6-sided dice could be 5.
3 0.5
transit authorities will check tickets. The fine for having
Responses Draw Hints
A teetotum is a spinning top that
thehas an equal
wrong is 300 euros.
ticketprobability of landing on she
The ticket eachpurchased
side. The expected value of one spin of a 7 0.1
12-sided teetotum (labeled with theher
cost 5 euros.from 1 to 12) is 6.5.
numbers If the first die lands on 4, the second die will
C 10 0.1
always land on 3.
Which of the following statements
Findare
thetrue? 1/4 1
total expected cost of Alice's train ride. The teetotum has a chance of landing on each number from 1 to 12.
12
​

9 Correct
Choose all answers that apply: euros Of course, the teetotum could land on the number 10.
Anouk and Tessa are playing a game where a player flips
2/4 The expected value is 6.5If, but
a coin. that doesn't
the coin lands onmean
heads,that
thethe number
player 6 is most
receives 1 likely: each side is
A No matter how many times you spin the teetotum, the average number from the spins will be exactly 6.5. equally likely.
point. If the coin lands on tails, the player receives 2
points.
3/4 If you spin the teetotum a large number of times, you should expect the average number to be
B The teetotum is more likely to land on the number 6 than any other number. about 6.5. However, this isn't necessarily true for a small number of spins. For example, if you spin
Theyou
the teetotum twice, expected
could getvalue
a 1ofand thenisa1.5
a turn points.
3 for an average of 2!

8 4/4 The Whichisofgiven

only true statement
Incorrect the following
below: statements are true?
C The teetotum could land on the number 10.
The teetotum could land on the number 10.
Choose all answers that apply:
Ivy is in Las Vegas and bet on her favorite team, the
Denver Dragons, to beat the Seattle Sea Turtles.
It is possible for a player to get 1.5 points
A
7 Correct If the Denver Dragons win, she will win 10 dollars. If the on a turn.
Seattle Sea Turtles win, she will lose 11 dollars (the extra
X is a discrete random variable. The graph below dollar is commission). Ivy estimates that there is a 50%
If they play a large number of turns, they
defines a probability distribution for X . chance of the Denver Dragons winning (there cannot be
B should expect to average about 1.5 points
a tie).
per turn.
What is the expected value of X ?
Find the expected return of placing this bet.
The total number of points from 2 turns
C
dollars must be exactly 3 points.

11 Incorrect
 In Las Vegas, a particular sports bet has about a 30% 12 Correct
Question 14
chance of winning.
If the bet wins, the bettor will win 15 First attempt
dollars. If the bet loses, the bettor will lose 10 dollars. X is a discrete random variable. The table below defines
10 Correct a probability distribution for X .
The expected return of placing one of these bets is Draw Hints
Responses
A teetotum is a spinning top that has an equal probability of landing on each side. The expected value of one spin of a
Xthe
is anumbers
discrete from
random
−2.50 dollars. What is the expected value of X ?
12-sided teetotum (labeled with 1 tovariable. The
12) is 6.5. graph below
defines a probability distribution for X .
Which of the following statements are true?
Which of the following statements are true? 1/4 1
The teetotum has a chance of landing on each number from 1 to 12.
What is the expected value of X ? 12
​

Choose all answers that apply:

Choose all answers that apply: x P (X = x)
Of course, the teetotum could land on the number 10.
−7 0.2
A 2 / 4 2 of The
It is possible for a bettor to place these
expected value is 6.5, but that doesn't mean that the number 6 is most likely: each side is
A bets and
No matter how many times you spin the teetotum, the average number from the spins will be exactly 6.5win
. both of them. equally likely. −3 0.1

3/4 3 a large
If you spin the teetotum 0.4
number of times, you should expect the average number to be
If a bettor places a large number of these
B The teetotum is more likely to land on the number 6 than any other number. about 6.5. However,7this isn't necessarily
0.3 true for a small number of spins. For example, if you spin
B bets, they should expect to average a return
the teetotum twice, you could get a 1 and then a 3 for an average of 2!
of about −2.50 dollars per bet.
4/4 The only true statement is given below:
C The teetotum could land on the number 10.
C
The average return per bet from
15could land on the number 10.
2 of these The teetotum Correct
bets must be exactly −2.50 dollars.

John just bought a brand new cell phone and is

considering buying a warranty. The warranty costs 200
euros and is worth 1000 euros if his phone breaks.
John
estimates that there is a 10% chance of his phone
breaking.

Find the expected value of buying the warranty.

13 Incorrect euros

Worldwide Oil Transport Incorporated is considering

hiring a small oil spill response team to follow one of
their ships from Alaska to Russia.
14 Incorrect

The oil spill response team would cost 50 thousand

A teetotum is a spinning top that has an equal
dollars but would save an estimated 2500 thousand
probability of landing on each side. The expected value
dollars in the event of an oil spill. The ship is estimated
of one spin of a 12-sided teetotum (labeled with the
to have a 1% chance of generating an oil spill.
numbers from 1 to 12) is 6.5.
Find the expected value of hiring the oil spill response
Which of the following statements are true?
team.

Choose all answers that apply:

thousand dollars

Th ld l d h b 10
 The teetotum could land on the number 10.
A
Question 14 First attempt

The teetotum is more likely to land on the

B
number 6 than any other number.
Responses Draw Hints
A teetotum is a spinning top that has an equal probability of landing on each side. The expected value of one spin of a
12-sided teetotum (labeled with the numbers from 1 to 12) is 6.5.
No matter how many times you spin the
16 Correct
Which of the following statements are true? C teetotum, the average number1 /from
4 the 1
The teetotum has a chance of landing on each number from 1 to 12.
spins will be exactly 6.5. 12
​

X is a discrete random variable. The graph below

Choose all answers that apply:
defines a probability distribution for X . Of course, the teetotum could land on the number 10.

2/4 The expected value is 6.5, but that doesn't mean that the number 6 is most likely: each side is
A No matter how manyWhat
timesisyou
the expected value of Xthe
spin the teetotum, ? average number from the spins will be exactly 6.5.
equally likely.

3/4 If you spin the teetotum a large number of times, you should expect the average number to be
B The teetotum is more likely to land on the number 6 than any other number. about 6.5. However, this isn't necessarily true for a small number of spins. For example, if you spin
the teetotum twice, you could get a 1 and then a 3 for an average of 2!

4/4 The only true statement is given below:

C The teetotum could land on the number 10.
The teetotum could land on the number 10.