Question

You set up a game where the player throws a dart until they pop a balloon. There are 3 red balloons, 30 green balloons, and 100 white balloons. It costs $3 to play the game. The player wins $0.50 for white, $2 for green, and $15 for red. What is the expected value you should earn per game?

Answer 1

If this is probability then the answer should be $.50 bacause you throw the dart until you hit 1 balloon there is 100 white balloons so there is a .75% chance to hit white, a .02% chance to hit red and a .22% chance to hit green. the most likely one to hit is white. so you would earn
$.50 per game