Mathematics, 01.05.2021 21:10 lokaranjan5736

QUESTION 10 A bag contains 1 gold marble, 9 silver marbles, and 29 black marbles. Suppose someone offers to play
this game. You randomly select one marble from the bag. If it is gold you win $4, if it is silver you win $3,
and if it is black you loose a dollar. What is your expected value if you play the game? Round to the
nearest penny.

Answers: 1

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