Ask Question
28 July, 15:10

A bag contains 3 gold marbles, 9 silver marbles, and 25 black marbles. Someone offers to play this game: You randomly select one marble from the bag. If it is gold, you win $3. If it is silver, you win $2. If it is black, you lose $1.

What is your Expected Value if you play this game?

+2
Answers (2)
  1. 28 July, 15:35
    0
    I lose 1

    Step-by-step explanation:

    because the probability of getting a black marble is likely
  2. 28 July, 18:13
    0
    The Expected Value is minus $1.

    Step-by-step explanation:

    There are more black marbles then any other gold or silver marbles.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A bag contains 3 gold marbles, 9 silver marbles, and 25 black marbles. Someone offers to play this game: You randomly select one marble ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers