Rework problem 22 from section 4.3 of your text, involving a carnival fishpond. Assume that the pond contains 120 fish: 109 blue, 10 orange, and 1 white. A contestant pays $0.60 to randomly catch one fish and receives $0.25 if the fish is blue, $1.00 if the fish is orange, and $13.00 if the fish is white. How much (on average) does the carnival gain on each play? (If the carnival looses money, enter a negative dollar amount)

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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 Rework problem 22 from section 4.3 of your text, involving a carnival fishpond. Assume that the pond contains 120 fish: 109 blue, 10 orange, and 1 white. A contestant pays $0.60 to randomly catch one fish and receives $0.25 if the fish is blue, $1.00 if the fish is orange, and $13.00 if the fish is white.

How much (on average) does the carnival gain on each play? (If the carnival looses money, enter a negative dollar amount)

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