SOLUTION: You and your 50 coworkers decid to play a game that consists of flipping a coing once for each coworker. if the flip of the coin for the particular coworker results in head, you wi
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Question 455043: You and your 50 coworkers decid to play a game that consists of flipping a coing once for each coworker. if the flip of the coin for the particular coworker results in head, you will have to pay them $1. If it results in a tail, neither party has to pay anything.
Assume that the coin you are using is a fair coin (i.e. the probability of getting a head or a tail is equal to 0.5)
the probability that you will not have to pay more than $18 Answer by stanbon(75887) (Show Source):
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