### Problem 14: Carnival Game ProbabilityA carnival game offers a $100 cash prize for anyone who can break a balloon by throwing a dart at it. The cost to play is $5, and you are willing to spend up to $20 trying to win. You estimate that you have about a 10% chance of hitting the balloon on any given throw.#### Tasks:a. **Create a probability model for this carnival game.**b. **Find the expected number of darts you'll throw.**c. **Find your expected winnings.** (Note: There are no graphs or diagrams in the provided text.)

Prize = $100 A dart cost = $5 Trying to win (spend)=$20 10%(0.10) chance of hitting the balloon on…

Answered: 14. Carnival A carnival game offers a…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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