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A bag contains 2 gold marbles, 10 silver marbles, and 29 black marbles. The rules of the game are as follows: You randomly select one marble from the bag. If it is gold, you win $6, if it is silver, you win $4. If it costs $1 to play, what is your expected profit or loss if you play this game?

User Tarique
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1 Answer

6 votes

Answer:

33 thats with the 1 dollar subtracted for the entry fee

Explanation:

first you add all the number of marbles you have then you get 41 then divide it by 12 because you have 2 gold and 10 silver and you get 3.4 and multiply that by 10 because its 6 and 4 and you get 34 subtract the entry fee

User Shakera
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