Find the probability for each level of winning and losing

Reference no: EM133276377

Question - Let's say you are helping some friends with a fundraiser for something (name a good cause). Make up a game you could use at the fundraiser. The game must have at least 3 different levels of winning opportunities but could have more. Since this is a fundraiser, the game should be in favor of the house (not the player). Be creative!

a. Write a paragraph including each of the following: 1) how to play the game (be sure this is very clear); 2) how much the game costs for one play; 3) how someone wins (remember there must be at least 3 different levels of winning); and 4) what the expected value tells you about the game.

b. Find the probability for each level of winning and losing.

Reference no: EM133276377

Questions Cloud

How confident do you feel about your academic english : CMN 6005 Northeastern University How confident do you feel about your academic English vocabulary? What do you believe are the best strategies for determining

Develop a project objective and project charter : Give strong justification for selection of the project and Develop a Project objective and project charter

Behaviour management strategy : When monitoring how effective a new behaviour management strategy is, it is important to record how children are responding to the strategy.

Analyse the case extensively and suggest a strategy document : what considerations should the organisation take when approaching contracts and Analyse the case extensively and suggest a strategy document for consideration

Find the probability for each level of winning and losing : Let's say you are helping some friends with a fundraiser for something (name a good cause). Find the probability for each level of winning and losing

How the theory was taught or implemented at the facility : How the theory was taught or implemented at the facility? If not, what ways do you think that implementing this theory would be actionable?

What are some norms that have been adapted : what are some norms that have been adapted by Filipino POLITICAL candidates or POLITICIANS that have become a standard practice (norm) in Philippine society

How you changed as a result of your clinical experience : Describe how you changed as a result of your clinical experience? Describe how will this clinical situation impact your advanced nursing practice

Briefly explain one of the major arguments : POT 3064 Florida International University Identify and briefly explain one of the major arguments that Susan Moller Okin makes to support her claim

User Account

All Pages