Johnny is challenged to a single-player game with an expected value of 1. Which statement below is true? It is a fair game. It i

Question

2 years ago

13

s a favorable game. It is unfavorable game. Johnny cannot determine whether the game is fair without knowing the rules.

2 answers:

kozerog [31] · Answer 1 · 2023-04-25T15:44:28+03:00

7 0

favorable

it is unfavorable if the value is less than 0

fair if the value is equal to 0

favorable if the value is more than 0

laiz [17] · Answer 2 · 2023-04-25T17:12:51+03:00

Answer:

B. It is a favorable game.

Step-by-step explanation:

We are given that,

Johnny is challenged to a single-player game with an expected value 1.

It is required to find the characteristic of the game.

Now, as we know that a game is:

1. Fair - If the expected value is 0

2. Favorable - If the expected value is greater than 0

3. Unfavorable - If the expected value is less than 0.

Since, according to the question, the expected value is 1 > 0. This means that the game is favorable.

Hence, option B is correct.