Ivanna is playing a game of chance in which she tosses a dart into a rotating dartboard with 8 equal-sized slices numbered 1 through 8. The dart lands on anumbered slice at random.This game is this: Ivanna tosses the dart once. She wins $1 if the dart lands in slice 1, $2 if the dart lands in slice 2, $5 if the dart lands in slice 3, and $8 if thedart lands in slice 4. She loses $2.50 if the dart lands in slices 5, 6, 7, or 8.(a) Find the expected value of playing the game.|dollars(b) What can Ivanna expect in the long run, after playing the game many times?O Ivanna can expect to gain money.She can expect to win| dollars per tos.O Ivanna can expect to lose money.She can expect to lose dollars per toss.O Ivanna can expect to break even (neither gain nor lose money).

Given that A dart with 8 equally sliced numbered 1 through 8 Probability(p)=18 (Probability of…

Answered: playing a game of chance in which she…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

See similar textbooks

Similar questions

A city council consists of eight Democrats and seven Republicans. If a committee of four people is selected, find the probability of selecting two Democrats and two Republicans. (Type a fraction. Simplify your answer.) G
A task requires the completion of four activities. A teacher would like to know if differences in the sequence of the four activities results in different task completion times. The teacher selects three students and demonstrates the activities in random order to the students. Then each student completes the task with each of the activity sequences. The completion times are recorded. The following table shows the minutes for each student to complete each task. Students (minutes) Sequence Allen Carla Henry A 21.5 20.5 22.2 17.3 19.1 21.1 20.0 20.5 22.4 20.6 17.6. 21.5 BUD C Click here for the Excel Data File.
Lisa is playing a game in which she spins a spinner with 6 equal-sized slices numbered 1 through 6. The spinner stops on a numbered slice at random. This game is this: Lisa spins the spinner once. She wins $1 if the spinner stops on the number 1, $4 if the spinner stops on the number 2, $7 if the spinner stops on the number 3, and $10 if the spinner stops on the number 4. She loses $11 if the spinner stops on 5 or 6. (a) Find the expected value of playing the game. | dollars (b) What can Lisa expect in the long run, after playing the game many times? O Lisa can expect to gain money. She can expect to win dollars per spin. O Lisa can expect to lose money. She can expect to lose dollars per spin. O Lisa can expect to break even (neither gain nor lose money).
Diana is playing a game in which she spins a spinner with 6 equal-sized slices numbered 1 through 6. The spinner stops on a numbered slice at random. This game is this: Diana spins the spinner once. She wins $1 if the spinner stops on the number 1, $4 if the spinner stops on the number 2, $7 if the spinner stops on the number 3, and $10 if the spinner stops on the number 4. She loses $8.75 if the spinner stops on 5 or 6. (If necessary, consult a list of formulas.) (a) Find the expected value of playing the game. O pesos (b) What can Diana expect in the long run, after playing the game many times? O Diana can expect to gain money. She can expect to win pesos per spin. O Diana can expect to lose money. She can expect to lose pesos per spin. O Diana can expect to break even (neither gain nor lose money).
Use the counting techniques. A bag contains three red marbles, three green ones, one fluorescent pink one, three yellow ones, and four orange ones. Suzan grabs four at random. Find the probability of the indicated event. She gets one of each color other than fluorescent pink, given that she gets the fluorescent pink one.

Recommended textbooks for you

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

SEE MORE TEXTBOOKS