## Math Problem Statement

There is a game where the outcome is a random integer from 1 to 50. If the outcome is odd, you win $18. If the outcome is even, you win nothing. If you play the game, what is the expected payoff?

## Solution

## Ask a new question for Free

### By Image

Drop file here or Click Here to upload

## Math Problem Analysis

### Mathematical Concepts

Probability

Expected Value

Arithmetic Sequences

### Formulas

Expected Value Formula: E(X) = Σ (P(x) * x)

Arithmetic sequence for odd numbers: 2n - 1

### Theorems

Law of Large Numbers

### Suitable Grade Level

Grades 9-12