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Suppose you play a game with a spinner.You play each game by spinning the spinner once. P(red) =2/5, P(blue)=2/5, and P(green)=1/5. If you land on
Suppose you play a game with a spinner.You play each game by spinning the spinner once. P(red) =2/5, P(blue)=2/5, and P(green)=1/5. If you land on red, you pay $10. If you land on blue, you don't pay or win anything. If you land on green, you win $10.
What is the expected value?Do you come out ahead?
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