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A coin is tossed five times. You bet $1 that heads will come up on all five tosses. If this happens, you win $20. Otherwise,
A coin is tossed five times. You bet $1 that heads will come up on all five tosses. If this happens, you win $20. Otherwise, you lose your $1 bet.
Find:
Question 18
P(you win) =
Group of answer choices
1/32
1/4
1/16
1/8
Question 19
P(you lose) =
Group of answer choices
1/2
15/32
3/4
31/32
Question 20
Average winnings, , =
Group of answer choices
$.66
$-.50
0
-$.34
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