Question

PLEASE HELP

Answer 1

The game that is  used for the scenario above in terms of fair play is  using a balloon. Here, the player will hit the balloon.

What is the scenario under the balloon game?

The rule of play are:

This is a classic game with simple rules which are:

• Each player to hit the balloon up and it bonce into the air but when one should not allow it to touch the ground.,
• Players would be tied together in twos and they will juggle a lot of balloon and it have to be more than 1 balloon with one of their hands tied to their back.

A scenario of the worksheet game whose expected value is 0 is given below:

Assume that it costs about $1 for a player to play the billon game and as such, if  the player hits a balloon, they will be given $3. what can you say. Can you say that it this game is fair or not? and who has the biggest advantage.

Solution

Note that a  game is ”fair” if the expected value is said to be 0. When a player is said to hits a balloon, their net profit often increase by $4.  So when the player do not hit a balloon, it drops to $1.

(4)(0.313) + (-1)(0.313)

= 0.939 approximately

Thus, the expected value is $0.939 which tells that the game is fair.

Learn more about fair play from

brainly.com/question/24855677

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