Your group can choose to play one of two games. Each game cost one dollar to play.Game one: a will with three numbers on it-zero, one and two-is spun so that there is 20% chance that the wheel lands on zero a 50% chance of the wheel lands on one and a 30% chance the wheel lands on two. You get back the amount in dollars of the numbers that the real land on what is the expected amount of money you will get back from game one?

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...
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Your group can choose to play one of two games. Each game cost one dollar to play.
Game one: a will with three numbers on it-zero, one and two-is spun so that there is 20% chance that the wheel lands on zero a 50% chance of the wheel lands on one and a 30% chance the wheel lands on two. You get back the amount in dollars of the numbers that the real land on what is the expected amount of money you will get back from game one?

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