SOLUTION: 1)A game is played as follows:
A coin is flipped 3 times.
If 3 heads come up, then you win $5.
If 2 heads come up, then you lose $5.
If 1 head comes up, then you lose $4.
If n
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Probability-and-statistics
-> SOLUTION: 1)A game is played as follows:
A coin is flipped 3 times.
If 3 heads come up, then you win $5.
If 2 heads come up, then you lose $5.
If 1 head comes up, then you lose $4.
If n
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Question 1083002: 1)A game is played as follows:
A coin is flipped 3 times.
If 3 heads come up, then you win $5.
If 2 heads come up, then you lose $5.
If 1 head comes up, then you lose $4.
If no heads (all tails) come up, then you win $4.
In two or more sentences, explain whether or not the game is fair.\
2)Shalane owns a flower nursery in a small town. She took an inventory of the number and types of flowers she sold this month.
Type of Flower Number of Flowers Sold This Month
Rose 60
Carnation 43
Bird of Paradise 24
Hyacinth 14
Lilac 18
Peony 35
Sunflower 6
Shalane will order 2,000 flowers for a state-wide flower exhibition next month. Based on the number of flowers she sold last month, determine how many hyacinths Shalane should anticipate selling. Show your work.
This game has 8 possible outcomes. One way you win $5, one way you win 4, 3 ways you lose $5, and 3 ways you lose $4. The overall expected payout is -1.25 every time you play. You have to be some special kind of stupid to play this game.
By the way, read the instructions. One question per post.
John
My calculator said it, I believe it, that settles it
