07-10-2019
Mathematics

contestada

A bag contains 3 gold marbles, 9 silver marbles, and 25 black marbles. Someone offers to play this game: You randomly select one marble from the bag. If it is gold, you win $3. If it is silver, you win $2. If it is black, you lose $1.

What is your Expected Value if you play this game?

Respuesta :

elliedeadly elliedeadly

07-10-2019

Answer:

I lose 1

Step-by-step explanation:

because the probability of getting a black marble is likely

Answer Link

karisherndon karisherndon

07-10-2019

Answer:

The Expected Value is minus $1.

Step-by-step explanation:

There are more black marbles then any other gold or silver marbles.

Answer Link

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