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A game has an expected value to you of $600. It costs $600 to​ play, but...

A game has an expected value to you of $600. It costs $600 to​ play, but if you​ win, you receive​ $100,000 (including your $600 ​bet) for a net gain of $99,400. What is the probability of​ winning? Would you play this​ game? Discuss the factors that would influence your decision.

The probability of winning is _________??

​(Type an integer or a​ decimal.)

Would you play this​ game? Discuss the factors that would influence your decision.

Math   Statistics-And-Probability   
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