Multiple Choice
A carnival game offers a $120 cash prize for anyone who can break a balloon by throwing a dart at it.It costs $9 to play and you're willing to spend up to $36 trying to win.You estimate that you have a 10% chance of hitting the balloon on any throw.Find the expected amount you will win.Assume that throws are independent of each other.
A) $13.01
B) $10.32
C) -$14.76
D) -$11.16
E) $19.32
Correct Answer:
Verified
Correct Answer:
Verified
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