Question

artConsider the following game: After you spin the wheel below, you win the amount spun.Gments$4$1001urces03lentsc1abuslasses1. If you win the amount that comes up on each spin, how much would you expect to win after 4spins? What about after 100 spins?2. What is the average amount you would win per turn if you played 4 times? What would theaverage be per turn if you played 100 times?3. If it cost you $15 every spin is it worth playing? Explain your answer using the answers youfound for questions 1 & 2.

Answer 1

After 1 spin

Result 0, probability. 50% , 1/2

Result 4, probability 25%, 1/4

Result 100, probability 25% 1/4