Question: I am on a game show , it has 20 hidden prizes on a board with 100 spaces. One prize is worth $100.00, nine are
I am on a game show , it has 20 hidden prizes on a board with 100 spaces. One prize is worth $100.00, nine are worth $20.00, ten are worth $10.00. I have to pay $10.00 if my answer is incorrect , the random variable (x) = the money I will or lose.
x P(x)
-$10
$10
$20
$100
probability distribution ?
What are my winnings or losses ?
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