A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN: 9780134753119
Author: Sheldon Ross
Publisher: PEARSON
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Word Scramble : Costs 10 points. Total 4 letters . Depending on how many letters are in the correct spot , a prize is awarded
Only 1st letter in the correct position : Win 0
Only 2nd letter : win 5
Only 3rd letter : win 10
Only 4th letter : win 15
2 letters including the first : win 20
2 letters not including the first : win 25
All 4 letters : win 40
a) Create the probability distribution table and Communicate how you arrived at the probability of each outcome.


b) Calculate the expected value and compare to the 10 points it costs to play the game

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