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A jar is filled with 60 different colored marbles, 9 of which are red, 29 of which are blue, and 22 of which are green.
A jar is filled with 60 different colored marbles, 9 of which are red, 29 of which are blue, and 22 of which are green. A player is asked to draw a single marble from the jar and if they draw a red marble they will win $20, if they draw a blue marble they will lose $10, and if they draw a green marble they will lose $5. You may round your answer to the nearest cent.
- What is the expected outcome of this game?
- Would it be profitable over time to play? Select an answer No Yes
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