ms 1 gold marbles, & ver marbles, and 24 black marbles. Someone offers to pl You randomly select one marble from the bag. If it is gold, you win $4. If it is silver, you win black, you lose $1. What is your expected value if you play this game?
ms 1 gold marbles, & ver marbles, and 24 black marbles. Someone offers to pl You randomly select one marble from the bag. If it is gold, you win $4. If it is silver, you win black, you lose $1. What is your expected value if you play this game?
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
Problem 7MCQ
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![A bag contains 1 gold marbles, 8 silver marbles, and 24 black marbles. Someone offers to play this game:
You randomly select one marble from the bag. If it is gold, you win $4. If it is silver, you win $2. If it is
black, you lose $1.
What is your expected value if you play this game?
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Transcribed Image Text:A bag contains 1 gold marbles, 8 silver marbles, and 24 black marbles. Someone offers to play this game:
You randomly select one marble from the bag. If it is gold, you win $4. If it is silver, you win $2. If it is
black, you lose $1.
What is your expected value if you play this game?
Question Help: Video
Submit Question
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