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Mr. Alex Liebrecht alexander-Iiebrecht@uiowa.edu Use the following story to answer the next set of questions. Let's say you are about to play a new game
Mr. Alex Liebrecht alexander-Iiebrecht@uiowa.edu Use the following story to answer the next set of questions. Let's say you are about to play a new game at a casino. The way the game works is that you flip an unfair coin twice. (A picture of an unfair coin is shown below) You win $1 for each flip that is heads for a minimum of $0 and a maximum of $2. The probability that the coin is heads is 0.7. Answer the following questions. (Hint: Notice this problem is about flipping a coin twice and recording the number of heads) Space for scratch work B. What is the expected amount of money won when playing this game? A) 50 B) 50.70 C) 51 D) 51.40 E) 52 9. What distribution is described by this problem. A) Geometric B) Binomial C) This is not a named distribution covered in class
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