The expected value of the game is $2.00.
To Find: The fair price to pay to play the game of rolling a colored die with three red sides, two green sides, and one blue side
Now the question arises how to find the Fair Price
We are told that in the game of rolling the colored die;
A roll of a red loses.
A roll of blue pays 5.00 and A roll of green pays 2.00.
Now, the best game to get the fairest price is to play; RRRGGB i.e (RED, RED, RED, GREEN, GREEN,BLUE)
Fair price = 2(3/6) + 6(1/6) + 0(2/6)
Fair price = $2
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There are 2 variables in this problem. One variable is the class number and other variable is the participation in extracurricular activities. Each variable has further two categories. There are two classes: Class 10 and 11. And students either participate or do not participate in extracurricular activities, which makes 2 categories.
The best approach to solve this question is to build a table and start entering the given information in it. When the given data has been entered fill the rest on basis of the data you have.
18 students from grade 11 participate in at least one Extracurricular activities. This means the rest students i.e. 22 students from grade 11 do not participate in Extracurricular activities.
32 students from grade 10 participate in at least one Extracurricular activities. This means total students who participate in at least one Extracurricular activities are 18 + 32 = 50 students.
The rest 50 students do not participate in at least one Extracurricular activities. From these 22 are from class 11. So the rest i.e. 28 are from class 10.
Answer:
B) shift 3 units left and 4 units down
