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lotteries-finding-expected-values-of-games-of-chance
Shared lesson activities for Lotteries: Finding Expected Values of Games of Chance
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Expected value in a lottery
Learn a MARKETABLE Skill In this video you learn how to find the expected value in a game of lottery. There are several ...
Expected Value Pick 5 Lottery
The pick 5 lotter works by selecting 5 numbers from 1 to 35 (no repetition). It costs $1 for a ticket. Pick all 5 and win the Jackpot (estimated at $50000) Pick...
DuPage Statistics: Expected Values for Games of Chance
This presentation shows how to determine the expected values for several standard games of chance.
Hypnosis for lottery winning - with Hypnotist Bernie
New! Check out our Manifest Money playlist! Do you sometimes have a hunch ...
Probability and Expected Value
This presentation describes expected value calculations in general, how to calculate the expected profit and return for an option position and how to use ...
PS 5.3.6 Expected value and determining fairness
In this video I continue an exploration of determining expected value. Specifically however I focus on what it means for a game to be considered a "fair game.
Random Variables: Expected Value and Standard Deviation
This is a video on Random Variables It will cover Discrete vs Continuous Expected value and SD of Discrete random variables.
TutoringZone Lottery
TutoringZone's Jon Aleman explains expected value and how it relates to the lottery (among other things)
Game Theory 101 (#47): Lotteries
In game theory, a lottery is a probability distribution over outcomes. Lotteries occur all the time in games because mixed strategies randomize the outcomes tha...
Math 120 12-4 Expected Value (Expectation)
Expected Value and Expectation. What can you expect an outcome to be given probability and the value of an outcome?
Expected profit from lottery ticket | Probability and Statistics | Khan Academy
Practice this lesson yourself on KhanAcademy.org right now: ...
Concise Modular Calculus [43/97]:Probability Functions (1/5 on Continuous Distributions)
Illustrates the influence of probability in discrete games of chance. Introduces the ideas for probability functions and expected values. Outlines how discrete ...
Expected Value: A Raffle Problem
Expected Value: A Raffle Problem.
How to find an Expected Value
How to find expected value by hand and in Excel using SUMPRODUCT.
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