Question
In the recording chart below of a Spades game there are the Players who won a game (there are only 4 players, player 1,2,3,4), the
In the recording chart below of a Spades game there are the Players who won a game (there are only 4 players, player 1,2,3,4), the number of games played (should be 50 games), the number of Spades Cards the winner had when they won, and the amount of prize money won to the winner of each game (should be 40, the losers received nothing).
4. Suppose it cost $10 to play this game, the top prize being worth $40, and the small prize was worth $0. Calculate, using the 50-trial data, the income or loss this game would result in. Should there be a change of how much it costs to play to ensure you the owner make money? Should there be a change to the rules rules - the outcomes that constitute a "win" for the player - to make winning less likely? Should there be a change to the cost of the prizes? Explain what you would modify to make the game profitable while still giving a player a reasonable chance to get a prize.
PlayersGamesSpade CardsPrize Money for each winner
21440
42640
23440
14740
15540
46340
47740
28440
39840
210640
411540
412440
313440
114640
215540
116440
417540
218840
119540
220740
421340
322540
123840
124540
325540
226640
427640
328440
429740
330640
231540
432440
333440
334540
235640
236540
337740
238740
239440
440740
241540
442640
443840
444540
245740
246540
247540
448640
249440
250540
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