Question: Fair Games and Expected Value: Game 3 A different spinner game only has two colors. It still cost $5 per spin. This time, you win

Fair Games and Expected Value: Game 3 A different spinner game

Fair Games and Expected Value: Game 3 A different spinner game only has two colors. It still cost $5 per spin. This time, you win $8 if the spinner lands on blue and $2 if the spinner wins on yellow. 1. Complete the probability distribution. Color on Spinner I - Net Money won or Lost |P(I) Yellow 0.5 Blue 0.5 2. What is the expected value? E(z) =

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