In Learning Activity 4.1, we said that a game is called fair when the expected value is 0. How much should the following game cost if it is supposed to be fair? Be sure to show all work, including a probability distribution table. Would this game be fun to play? A bag contains two red marbles, three black marbles, and six yellow marbles. A player draws two marbles from the bag without replacement. If they are the same colour, the player wins $10. If they are different colours, the player wins $20 per red marble, plus $10 per black marble, plus $5 per yellow marble.
In Learning Activity 4.1, we said that a game is called fair when the expected value is 0. How much should the following game cost if it is supposed to be fair? Be sure to show all work, including a probability distribution table. Would this game be fun to play? A bag contains two red marbles, three black marbles, and six yellow marbles. A player draws two marbles from the bag without replacement. If they are the same colour, the player wins $10. If they are different colours, the player wins $20 per red marble, plus $10 per black marble, plus $5 per yellow marble.
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.8: Probabilities Of Disjoint And Overlapping Events
Problem 2C
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