A bag contains 3 gold marbles, 9 silver marbles, and 25 black marbles. Someone offers to play this game: You randomly select one

Question

3 years ago

5

A bag contains 3 gold marbles, 9 silver marbles, and 25 black marbles. Someone offers to play this game: You randomly select one

marble from the bag. If it is gold, you win $3. If it is silver, you win $2. If it is black, you lose $1.
What is your Expected Value if you play this game?

Mathematics

2 answers:

kati45 [8] · Answer 1 · 2022-05-30T11:44:09+03:00

kati45 [8]3 years ago

8 0

Answer:

The Expected Value is minus $1.

Step-by-step explanation:

There are more black marbles then any other gold or silver marbles.

galben [10] · Answer 2 · 2022-05-30T10:29:35+03:00

galben [10]3 years ago

7 0

Answer:

I lose 1

Step-by-step explanation:

because the probability of getting a black marble is likely