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Create a probability model for carnival game

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Reference no: EM131042538

A carnival game offers a $100 cash prize for anyone who can break a balloon by throwing a dart at it. It costs $5 to play (they keep your $5 , even if you win the $100), and you're willing to spend up to $20 trying to win. You estimate that you have about a 10% chance of hitting the on any throw.

a) Create a probability model for this carnival game.

b) Find the expected number of darts you'll throw.

c) Find your expected winnings.

Reference no: EM131042538

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