Question: A ping pong ball is drawn at random from an urn consisting of balls numbered 4 through 9. A player wins $0.5 if the number

 A ping pong ball is drawn at random from an urn

A ping pong ball is drawn at random from an urn consisting of balls numbered 4 through 9. A player wins $0.5 if the number on the ball is odd and loses $0.5 if the number is even. Let x be the amount of money a player will win/lose when playing this game, where x is negative when the player loses money. (a) Construct the probability distribution table for this game. Round your answers to two decimal places. Outcome X Probability P(X) 4 -0.5 5 0.5 6 -0.5 0.5 8 -0.5 0.5 (b) What is the expected value of player's winnings? Round to the nearest hundreth. 1.5 X (c) Interpret the meaning of the expected value in the context of this

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