Question

PLEASE HELP ME ASAP!!!!!!!

At a carnival, Diana sees a balloon shooter game. The ticket cost is $3. The rule is that the first person to shoot 10 balloons from a total 30 balloons wins $10. What is the expected payoff for the winner?

Answer 1

$13

Explanation:

The expected payoff for the winner would be the ticket cost, $3, plus the prize money, $10, which totals $13. This is the expected value of playing the game. However, it's important to note that this does not guarantee that the winner will receive exactly $13, as the outcome of the game is dependent on chance and the player's skill. There is always a chance that the player could win more or less than the expected value.