21.4k views
2 votes
A bag contains 1 gold marbles, 6 silver marbles, and 29 black marbles. Someone offers to play this game: You randomly select one marble from the bag. If it is gold, you win $4. If it is silver, you win $2. If it is black, you lose $1. What is your expected value if you play this game?

User Teeny
by
8.2k points

2 Answers

1 vote

Answer:

7$ it is

Explanation:

User Gluz
by
9.3k points
2 votes

Answer:

the expected value is -$1

User Pahnin
by
8.1k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories