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Experiment: Spin the Spinner Below Then Select One Ball from the Box

Question 9

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Experiment: Spin the spinner below then select one ball from the box designated by the spinner. Experiment: Spin the spinner below then select one ball from the box designated by the spinner. A) In the experiment, selecting R pays $2 and selecting W pays $4. It costs $3 to play. What is the expected value? B) What does your answer in part A mean?
A) In the experiment, selecting R pays $2 and selecting W pays $4. It costs $3 to play. What is the expected value?
B) What does your answer in part A mean?

Correct Answer:

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A) P(R) = blured image and P(W) = blured image .

So...

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