Hayley plays the game when n = 5. She pays $20 to play and can earn money back depending on the number of draws it takes to obtain a blue marble. She earns no money back if she obtains a blue marble on her first draw. Let M be the amount of money that she earns back playing the game. The information is shown in the following table. (Hint use the probabilities when n = 5 and add another row to the table below) Find the value of k so that this is a fair game.

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter7: Applying Fractions
Section7.5: Percents
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Hayley plays the game when n = 5. She pays $20 to play and can earn money back depending on the number of draws it takes to obtain a blue marble. She earns no money back if she obtains a blue marble on her first draw. Let M be the amount of money that she earns back playing the game. The information is shown in the following table. (Hint use the probabilities when n = 5 and add another row to the table below) Find the value of k so that this is a fair game.
Num of draws
mone
eď book
ex
earn
2314
020 SK 12K
як
Transcribed Image Text:Num of draws mone eď book ex earn 2314 020 SK 12K як
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