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Create a game (can involve a raffle, spinner, marbles in a bag, dice, etc.) that involves expected value. Describe the game in detail. What is
Create a game (can involve a raffle, spinner, marbles in a bag, dice, etc.) that involves expected value.
- Describe the game in detail.
- What is the expected value of the game? Show all your work.
- Is it a fair game? Explain why or why not.
- Change one thing about your game. Do NOT calculate the new expected value of your game...leave that for your classmates to do!
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An Introduction to Measure Theoretic Probability
Authors: George G. Roussas
2nd edition
128000422, 978-0128000427
