A carnival game costs $1.50 to play. You will win $25 if you can correctly guess a hidden number. The numbers
are randomly selected from a box containing 50 hidden numbers. What are the expected winnings for a person
playing this game? Is it a fair game? Explain.
Please help me with this question. :? I have no idea how to start. :?
Thanks
Izzycat :?
are randomly selected from a box containing 50 hidden numbers. What are the expected winnings for a person
playing this game? Is it a fair game? Explain.
Please help me with this question. :? I have no idea how to start. :?
Thanks
Izzycat :?