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You flip a fair coin 3 times, and get a different amount of money depending on how many heads you get. For 0 heads, you
You flip a fair coin 3 times, and get a different amount of money depending on how many heads you get.
For 0 heads, you get $0.
For 1 head, you get $2.
For 2 heads, you get $4.
Another piece of information is also flashing at you as you stand before the lights:
Overall, across all possible outcomes your expected winnings from the game are $6.
1. (3 points) How much do you get paid if the coin comes up heads 3 times?
2. (3 points) Write down a complete expression for the cumulative probability function for your winnings
from the game.
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