You are offered a gamble on the toss of a coin. If the coin shows tails, you lose $100. If the coin shows heads, you win $150. Would you accept it?

Suppose that you and a friend are playing cards and decide to make a bet. If your friend draws two spades in succession from a standard deck of 52 cards replacing the first card, you give him $⁢50. Otherwise, he pays you $⁢10. If the same bet was made 30 times, how much would you expect to win or lose? Round your answer to the nearest cent, if necessary.

You are playing a card game. If you pull an Ace you win $86, if you pull the King of hearts you win $448, if you pull a jack or a queen you win $12, all other pulls you lose. What price should you be charged to make this a fair game? Round your answer to the nearest hundredth.

A game involves tossing two coins and receiving 74 cents they are both heads. What is a fair price to pay for the privilege of playing this game twice

You are playing a game in which a single die is rolled. If a 2 or a 5 comes up, you win $60; otherwise, you lose $3. What is the price that you should pay to play the game that would make the game fair?

In the game "Rolling for Rubles", you win $1 for rolling a 1, $2 for a 2 and so on till $6 for rolling a 6. What would be the fair price for a ticket to play this game?  $2.50 $3 $4 $4.50 $3.50 None of the other answers is correct.

See pictures for questions a, b and c. Write your answers as fractions. (I sent this before but it was answer wrong)  Thank you for the help. Problem A coin is tossed three times. An outcome is represented by a string of the sort HTT (meaning heads on the first toss, followed by two tails). The 8 outcomes are listed below. Assume that each outcome has the same probability. Complete the following. Write your answers as fractions.

This game is called “Get Negative”.  Roll two dice (record these in the order you roll them), and then do then do the following:  take the first number rolled and subtract 2 times the second number rolled. Regardless of who rolls, Player A gets 3 points if the product is greater than or equal to 0 (i.e. it is zero or positive); Otherwise Player B gets 1 points. The players may or may not take turns rolling the dice as it does not matter who is rolling. Any player may score on any roll, and every roll will result in a score. Play the game by rolling the dice 25 times. For each turn, keep a record of both dice and the resulting answer and the points scored, according to the rules above.  Tally the points and calculate the final score for each player.  Remember, someone gets a point for each turn, depending on the numbers rolled. (One does not have to be rolling to receive the points.)  (Note: you may test the game by yourself by doing all of the 25 rolls yourself and just giving the…

This game is called “Get Negative”.  Roll two dice (record these in the order you roll them), and then do then do the following:  take the first number rolled and subtract 2 times the second number rolled. Regardless of who rolls, Player A gets 3 points if the product is greater than or equal to 0 (i.e. it is zero or positive); Otherwise Player B gets 1 points. The players may or may not take turns rolling the dice as it does not matter who is rolling. Any player may score on any roll, and every roll will result in a score.   Play the game by rolling the dice 25 times. For each turn, keep a record of both dice and the resulting answer and the points scored, according to the rules above. Tally the points and calculate the final score for each player.  Remember, someone gets a point for each turn, depending on the numbers rolled. (One does not have to be rolling to receive the points.)  (Note: you may test the game by yourself by doing all of the 25 rolls yourself and just giving the…

In some card games, it is possible to have a negative score.Lavonne Schultz currently has a score of 15 points. She thenloses 24 points. What is her new score?