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A game at the Casino Del Sol is Pick-6 . To play this game, a player pays $1.50 and draws 6 marbles at random with
A game at the Casino Del Sol isPick-6. To play this game, a player pays $1.50 and draws 6 marbles at random with replacement from a bowl containing 20 green marbles and 80 red marbles. The player then receives a payoff based on the number of green marbles that they draw, as described in the table below:
# green
0
1
2
3
4
5
6
payoff
$0
$1
$2
$3
$10
$50
$1000
(a) What is the probability that a player draws more than 3 green marbles?
(b) What is theexpectednumber of green marbles that a player draws?
(c)What is the Casino'sexpectedprofit from each game ofPick-6?
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