Player tosses a penny from a distance

Reference no: EM131029026

In another carnival game a player tosses a penny from a distance of about 5 feet onto the surface of a table ruled in 1-inch squares. If the penny (3/4 inch in diameter) falls entirely inside a square (not touching a line, the player wins a quarter; but he never gets his penny back-win or not. The lines are 1/16 inch thick. What is the player's expected return per unit stake? Be sure and display this expected return per unit stake prominently on your plot so it may be graded.

Reference no: EM131029026

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