62.5k views
2 votes
You pay $10 to play the following game of chance. There is a bag containing 20 balls: five are red, five are green, and the rest are yellow. You are to draw one ball from the bag. You will win $18 if you draw a red ball, and you will win $10 if you draw a green ball. You win nothing for drawing a yellow ball. What is the expected value? Should you play?

1 Answer

3 votes

Answer:

20 dollars

Explanation:

User Hamidreza Nikoonia
by
4.6k points